SARDAEN Sarda Energy & Minerals Q2 FY26 results (Jul–Sep 2025) and concall
Sarda Energy delivered a strong Q2 FY26 performance, driven primarily by its energy segment which now accounts for the majority of operating profits. The company successfully utilized high hydropower generation and improved IPP thermal plant efficiency to offset cyclical weakness in steel pricing. Management is aggressively pursuing a multi-pronged expansion strategy across coal mining, solar power, and thermal capacity while maintaining a near net-cash balance sheet.
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What they filed
Q2 FY26: revenue up 31.8%, net profit up 61.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 1,159 | 1,319 | 1,239 | 1,633 | 1,528 +32% |
| EBITDA | 337 | 369 | 271 | 617 | 512 +52% |
| Net profit | 203 | 200 | 100 | 437 | 328 +62% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
