Sarda Energy & Minerals Q3 & 9M FY26: PAT Dips 5% QoQ to ₹190 Cr but 9M Surges 59% YoY to ₹954 Cr

Integrated energy-minerals player Sarda Energy & Minerals Ltd (BSE: 504614, NSE: SARDAEN) reported unaudited Q3 & 9M FY26 results, resilient despite thermal plant maintenance.

Consolidated (₹ Cr):

Q3 Total Income 1,360 (+3% YoY, -15% QoQ), EBITDA 395 (+7% YoY, -32% QoQ), PAT 190 (-5% YoY, -42% QoQ), Cash Profit 338 (+7% YoY).

9M Income 4,669 (+32% YoY), EBITDA 1,672 (+53%), PAT 954 (+59%).

MD Pankaj Sarda: "Steady ops across energy/minerals. Energy stable (2/3 profits), new PPAs boost visibility. Mining supports integration. Metals steady amid volatility. Robust BS/low leverage for growth. Focus: efficiencies, clean energy (hydro/solar), low-carbon metals."

Highlights:

- Thermal (SKS): Key contributor despite shutdown.

- Hydro: Improved seasonally.

- Solar: Captive project advances.

- Mining/Metals: Steady volumes/costs.

Outlook: Seasonal easing, infra demand; green portfolio expansion.

Sarda eyes energy transition with strong 9M momentum.

Source : Equity Bulls

Keywords

SardaEnergyandMinerals Q3FY26 Q3FY2026 9MFY26 9MFY2026 ResultUpdate