Sarda Energy & Minerals Limited Reports Steady Performance in Q3 and Strong Growth for 9M FY26

Sarda Energy & Minerals Limited Reports Steady Performance in Q3 and Strong Growth for 9M FY26

Mumbai, Feb 09: Sarda Energy & Minerals Limited, today announced its unaudited financial results for the quarter and nine months ended December 31, 2025.

Financial Highlights (Consolidated)

• Q3 FY26 Total Income registered a 3% year-on-year growth, despite a planned maintenance shutdown of one 300 MW turbine at the Company’s thermal power plant during part of the quarter.

• EBITDA for Q3 FY26 increased by 7% YoY, reflecting operational resilience.

• Profit After Tax (PAT) for the quarter remained steady.

• Cash Profit for Q3 FY26 reflected healthy operating performance.

For the nine months ended December 31, 2025, the Company delivered robust growth:

• Total Income increased by 32% YoY.

• EBITDA rose by 53% YoY.

• PAT grew by 59% YoY.

• Cash Profit reflected strong operating cash flows.

Management Commentary

Commenting on the performance, Mr. Pankaj Sarda, Managing Director, said:

“During the quarter, the Company delivered a steady operational performance across its integrated energy and minerals platform, reflecting the resilience of our diversified business model.

The Energy segment continued to demonstrate stability, supported by consistent operations across assets. The addition of two new PPAs further strengthened the portfolio’s stability and improved earnings visibility.

While near-term pricing volatility in metals may persist, underlying domestic demand drivers linked to infrastructure and industrial activity remain intact. Our balance sheet remains robust, with comfortable liquidity and low leverage, positioning the Company well to support the next phase of growth.”

Operational and Strategic Update

• The Company maintained stable performance across its energy assets during the quarter.

• Two new Power Purchase Agreements (PPAs) were added, enhancing long-term earnings visibility.

• The balance sheet remains strong, supporting disciplined capital allocation and future expansion.

Outlook

Looking ahead, Sarda Energy & Minerals expects operating conditions to improve as seasonal factors ease, supported by normalization in power demand and improving visibility across the metal segment.

The Company continues to advance its strategic priorities across energy, mining, and metals, with focused investments in clean energy, integrated mining, and operational efficiency. As part of its sustainability roadmap, initiatives are underway to increase the share of clean energy and progress toward lower-carbon, energy-efficient metal production.

With economic activity gaining momentum and demand conditions improving, the Company remains optimistic about the medium-term outlook. Supported by a diversified portfolio, disciplined capital allocation, and a robust balance sheet, Sarda Energy & Minerals Limited is well positioned to deliver a stronger exit into the next financial year and capitalize on opportunities emerging from India’s evolving energy and industrial landscape.