New Delhi: Sarda Energy & Minerals Limited (BSE: 504614) (NSE: SARDAEN) (‘Company’), announced its unaudited financial results for the quarter and half year ended 30th September, 2026.
Q2 & H1 FY27 Earnings Performance
| • Highest Ever H1 EBITDA at ₹ 1326 cr; up 4% YoY despite planned maintenance shutdowns and outages. H1 PAT at ₹ 799 cr; up 5% YoY.
• Q2 EBITDA steady at ₹ 564 cr; down 3% YoY. Performance impacted by planned shutdown of one 300 MW unit at the 600 MW Thermal Power Plant for 47 days and replacement of the 30 MW turbine at the steel plant, which resumed operation in August 2026. • Energy remained the key earnings contributor, accounting for more than 75% of EBITDA in H1. Pellet plant achieved record-high half-yearly production at 4,29,059 MT. • Mining portfolio expands with foray into manganese ore mining; subsidiary Sarda Metals and Alloys Limited bags Avagudem Manganese Block in Andhra Pradesh. |
Pankaj Sarda, Managing Director, said, “Despite the planned operational shutdowns at some of our facilities, we delivered a resilient performance during H1 FY27 achieving our highest-ever half-yearly EBITDA. This reflects the inherent strength of our underlying businesses, the stability of our earnings profile and the benefits of our integrated operating model.
Our entry into manganese ore mining marks an important strategic milestone, with the successful bid for the Avagudem block in Andhra Pradesh. This strategic move will strengthen backward integration, enhance raw material security and improve cost competitiveness, supporting higher profitability in our ferro alloys business.
Our expansion plans across energy and mining remain on track, supported by a strong balance sheet and disciplined capital allocation. Going forward, we remain focused on timely execution, improving asset utilisation and unlocking greater operational synergies across our integrated businesses to drive sustainable long-term growth and value creation.”
