Results - Announcements
Sarda Energy & Minerals Ltd share price declined by 3.53% to Rs 440.9 after the company's net profit tanked by 34.35% to Rs 303.83 crore, while revenue from operations reduced 10.46% to Rs 1423.23 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.49 lakh crore, rising 7.71%. It has slipped by 1.17% over last one week and dipped slightly by 7.33% in last one month while the market capitalization of Sarda Energy & Minerals Ltd has softened by 1.28% and 13.48% in the same period respectively.
Profit before tax (PBT) of Sarda Energy & Minerals Ltd stood at Rs 414.96 crore in Q3 FY26, declining 3.69% year-on-year, and crashing by 32.49% quarter-on-quarter. EBITDA came in at Rs 461 crore, gaining 3.90% YoY and nosediving by 15.43% sequentially.
Total expenses slightly declined by 1.04% to Rs 1032.52 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 658.48 crore, growing marginally by 0.85% YoY, while employee benefits expense was at Rs 57.19 crore, slipping by 1.74% YoY.
For the TTM ended FY26, revenue from operations surged 22.56% to Rs 5643.76 crore, while net profit jumped 56.09% to Rs 1063.3 crore, compared to previous TTM. EBITDA soared by 113333% to Rs 1550.34 crore, and PBT soared 57.94% to Rs 1449.49 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1734.84 crore in FY26, as against Rs 885.71 crore in FY25.
Sarda Energy & Minerals Ltd tumbled by 17.82% in last one year, underperforming the benchmark BSE Sensex which has slipped by 11.78% during the same period.