Sarda Energy & Minerals Limited has informed the Exchange about Transcript

Sarda Energy posted record Q1 FY26 consolidated revenue of INR1,633 crores, up 76% YoY and 32% QoQ, with operating EBITDA rising to INR627 crores (vs INR382 crores YoY) and PAT jumping 118% YoY to INR435 crores. The strong performance was driven by higher energy prices, hydropower generation up 37% YoY, and improved thermal IPP plant load factor of 90.21% (vs 71.65% YoY). Net consolidated debt fell to ~INR1,000 crores from ~INR1,600 crores, with cash and liquid investments of ~INR1,700 crores, keeping net debt-to-EBITDA well below 1. Key project updates: 25 MW Rehar hydropower project began commercial operations on 8 July 2025, 50 MW captive solar plant is expected to commission this fiscal year, and Gare Palma coal mine washery capacity was raised from 0.96 MT to 1.8 MT. Management guided to annual capex of INR500–1,000 crores over the next 2–3 years and indicated plans to expand power capacity from 600 MW towards 1,200 MW.