Sarda Energy & Minerals Q2 FY27: revenue down 4.9% to ₹1,453 Cr, net profit down 5.3% to ₹306 Cr
Results · Finvezto · 2 Nov 2026 · Sarda Energy & Minerals (SARDAEN)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 1,453 | - | -4.9% |
| Operating profit | 513 | - | +0.1% |
| Net profit | 306 | - | -5.3% |
| Operating margin | 35.3% | - | +1.8 pp |
| Net margin | 21.1% | - | -0.1 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- H1 FY27 EBITDA reached a record INR 1,326 crores, up approximately 4% year-on-year, with PAT of INR 799 crores and cash profit of INR 1,225 crores. Earnings call
- SEML was named preferred bidder for the Avagudem manganese block in Andhra Pradesh, where operations are targeted to start in 12 to 14 months. Earnings call
- A 47-day planned maintenance shutdown of one 300-megawatt unit at the 600-megawatt thermal power plant was completed during Q2 FY27. Earnings call
What to watch
- Management on manganese mine commissioning: Operations are expected to commence in approximately 12 to 14 months.
- Management on thermal power expansion ec: We expect to receive environmental clearance within the current financial year.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.