Outcome of Board Meeting
SARDAEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sarda Energy & Minerals reported strong FY2026 results with standalone revenue growing 24% to ₹4,334 crore and net profit jumping 56% to ₹949 crore. Consolidated revenue rose 23% to ₹5,690 crore with net profit of ₹1,106 crore. The company acquired SKS Power Generation in August 2024 and commissioned a 24.9 MW hydropower project in July 2025, which contributed to the power segment's significant growth. The Board approved a ₹500 crore investment to expand pellet manufacturing capacity by 1.1 million tonnes and recommended a dividend of ₹2 per share (200%). Statutory auditors issued an unmodified (clean) opinion for both standalone and consolidated results.
Strong operational performance with robust profit growth and cash generation positions the stock positively. The pellet capacity expansion signals confidence in long-term demand, while the clean audit and dividend declaration are shareholder-friendly factors.