Sarda Energy & Minerals reported a consolidated net profit after tax (PAT) of ₹478 crore for Q1FY27, marking a 9.4% year-over-year increase from ₹437 crore in the same period last year. The company’s earnings per share (EPS) rose to ₹13 from ₹12.33. The financial performance was bolstered by a one-time net benefit of ₹110 crore arising from the regulatory approval of the final project cost for its 113 MW Sikkim Hydropower Plant. Despite temporary operational disruptions across steel and power segments, the company expanded its EBITDA margin to 44.4% from 40.7% in Q1FY26.

Financial Performance Overview

Revenue from operations stood at ₹1,608 crore in Q1FY27, slightly lower than the ₹1,633 crore recorded in Q1FY26. However, EBITDA improved significantly to ₹762 crore from ₹697 crore in the prior year period, reflecting enhanced operational efficiency and cost management. Other income contributed ₹108 crore to total income, which reached ₹1,717 crore.

The following table outlines the key financial metrics for the quarter:

Operational Updates and Production Data

Production volumes varied across segments due to planned maintenance and unexpected outages. Hydro power generation was impacted by a temporary shutdown at the 113 MW Sikkim hydropower plant following a transmission tower collapse on June 18, 2026. Generation resumed on July 5, 2026. In the steel segment, production of billets and wire rods was curtailed due to the replacement of a 30 MW captive power unit starting December 1, 2025. Additionally, one ferro alloys furnace at Siltara underwent a 53-day refurbishment shutdown, while the Vizag captive power plant faced a 23-day maintenance break.

Key production highlights for Q1FY27 include:

• Iron Ore Pellets: 2,24,097 MT (down 3% YoY)
• Sponge Iron: 76,712 MT (down 9% YoY)
• Coal Production: 6,37,411 MT total (Domestic: 3,33,792 MT; Indonesia: 3,03,619 MT)
• Hydro Power: 119 Mn kWh (down 1% YoY)

Sales volumes showed mixed trends, with Sponge Iron sales surging 101% YoY to 63,701 MT, while Wire Rod sales declined 87% YoY to 4,162 MT due to operational constraints.

Strategic Outlook and Balance Sheet Strength

Sarda Energy & Minerals maintains a net debt-free balance sheet at the standalone level, supporting its strategic expansion plans. The company aims to quadruple its mining capacity and double its energy generation capacity over the medium term. With a CRISIL credit rating of 'AA–' and a positive outlook, the firm is leveraging India’s push for domestic manufacturing and energy security. The management expects normal operating trajectories to resume in Q2FY27 as planned maintenance activities conclude.

Sarda Energy & Minerals has made the audio recording of its Q1 FY27 earnings conference call available to investors and analysts. The call was held on Monday, August 3, 2026, to discuss the company’s financial performance for the first quarter of the fiscal year ending March 2027. This disclosure follows the earlier announcement of the call schedule, which was revised on July 24, 2026, due to technical issues with the initial dial-in link.

The company filed the intimation with BSE Ltd and the National Stock Exchange of India Ltd under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The filing confirms that the conference call took place as scheduled at 4:00 PM IST. The audio recording is hosted on the company’s official website, ensuring transparency and accessibility for stakeholders who could not participate live.

Accessing the Recording

Investors can listen to the full discussion via the direct link provided in the filing. The recording covers management’s commentary on business strategy, operational updates, and financial outlook for Q1 FY27. In case the primary link encounters any technical difficulties, the company has advised users to navigate to the ‘Investors’ section on www.seml.co.in , specifically under ‘Financials’ or ‘Investor Presentation,’ where the file is also archived.

Management Participation

The earnings call featured key executives from Sarda Energy & Minerals Ltd. Managing Director Pankaj Sarda led the discussion, alongside Manish Sarda, Deputy Managing Director of Sarda Metals & Alloys Ltd. Padam Kumar Jain, Director and CFO, provided insights into the financial metrics, while Nilay Joshi, Executive Director, addressed strategic initiatives. Their presence underscores the company’s commitment to detailed engagement with its investor base.

Contact Information

For further queries regarding the earnings call or financial results, investors may contact:

• Mr. Nilay Joshi, Executive Director — njoshi@sardagroup.co.in
• Investor Relations: Akshay Hirani / Parth Chauhan — teamsarda@adfactorspr.com | +91 90824 95892

The filing was authorized by Padam Kumar Jain, Director and CFO, and signed digitally on August 3, 2026. This update ensures that all stakeholders have equal access to the management’s commentary, reinforcing compliance with regulatory disclosure norms.