Sarda Energy & Minerals Limited (SEML) reported strong financial results for Q2 and H1 FY26. Revenue significantly increased, driven by the energy segment. Q2 consolidated revenue reached ₹1,528 crore, a 32% YoY increase, and H1 revenue reached ₹3,161 crore, a 52% YoY increase. Profitability also saw substantial gains, reflecting robust operational performance and resilience in both the energy and metals segments.
Key Financial Highlights
Sarda Energy & Minerals Limited (SEML) has announced its consolidated and standalone financial results for the second quarter (Q2: Jul-Sep) and first half (H1: Apr-Sep) of fiscal year 2026. The company reported significant year-over-year (YoY) growth in revenue and profit.
Consolidated Financial Performance
Revenue from Operations:
- Q2 FY26: ₹1,528 crore (32% YoY increase)
- H1 FY26: ₹3,161 crore (52% YoY increase)
EBITDA:
- Q2 FY26: ₹580 crore (48% YoY increase)
- H1 FY26: ₹1,277 crore (75% YoY increase)
Profit After Tax:
- Q2 FY26: ₹328 crore (61% YoY increase)
- H1 FY26: ₹764 crore (90% YoY increase)
Cash Profit:
- Q2 FY26: ₹516 crore (34% YoY increase)
- H1 FY26: ₹1,158 crore (84% YoY increase)
Standalone Financial Performance
Revenue from Operations:
- Q2 FY26: ₹1,092 crore (43% YoY increase)
- H1 FY26: ₹2,399 crore (68% YoY increase)
EBITDA:
- Q2 FY26: ₹401 crore (74% YoY increase)
- H1 FY26: ₹997 crore (105% YoY increase)
Profit After Tax:
- Q2 FY26: ₹240 crore (95% YoY increase)
- H1 FY26: ₹626 crore (106% YoY increase)
Cash Profit:
- Q2 FY26: ₹367 crore (39% YoY increase)
- H1 FY26: ₹928 crore (101% YoY increase)
Segmental Performance
The energy segment was a key growth driver, contributing ₹715 crore and ₹1,505 crore to sales revenue in Q2 FY26 and H1 FY26, respectively, representing 47% of consolidated revenue. The segment delivered ₹331 crore and ₹759 crore in EBIT during Q2 FY26 and H1 FY26, representing approximately 70% and 72% of consolidated EBIT, respectively.
The metals segment also demonstrated steady performance with stable volume growth, despite facing some realization challenges.
Production and Sales (Consolidated)
Significant changes in the production and sales volumes for various products, including Iron Ore Pellet, Sponge Iron, Steel Billet, Wire Rod, H.B Wire, Ferro Alloys, Power (Thermal), Power (Hydro), and Coal, are detailed in the announcement. These figures provide a granular view of the company’s operational performance across its diverse product portfolio.
Source: BSE
