Sarda Energy & Minerals Ltd. has announced robust financial results for the fiscal year ending March 31, 2026. The company reported an audited annual consolidated net profit of ₹1,063.30 crore. Reflecting strong operational performance, the Board has recommended a dividend of ₹2 per share (200%). Furthermore, the company approved a major ₹500 crore expansion project to increase its pellet manufacturing capacity by 1.1 MnT to meet growing market demand.
Financial Highlights for FY2026
For the financial year ended March 31, 2026, Sarda Energy & Minerals Ltd. delivered impressive results. The company achieved a consolidated total revenue from operations of ₹5,690.45 crore, compared to ₹4,642.85 crore in the previous year. The consolidated net profit after tax stood at ₹1,063.30 crore, up from ₹681.19 crore in FY2025. This growth is driven by improved segment performance across its core operations.
Segment Performance
The company continues to leverage its diversified operations across Steel, Ferro Alloys, and Power segments. In the consolidated segment results, the Power segment emerged as a significant contributor to the bottom line, reflecting the impact of strategic asset acquisitions and new projects. The Steel and Ferro Alloys divisions also maintained healthy operational metrics throughout the year.
Strategic Expansion and Investment
To capitalize on increasing market demand and achieve greater economies of scale, the Board of Directors has approved a major capacity expansion. The company will invest approximately ₹500 crore to add 1.1 MnT to its existing 0.90 MnT pellet manufacturing capacity. The expansion is slated for completion within 30 months and will be funded through a combination of internal accruals and debt.
Dividend Recommendation
Recognizing the company’s strong cash flow and fiscal performance, the Board has recommended a dividend of ₹2 per equity share (a 200% payout on the face value of ₹1 per share). This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting.
Source: BSE