Sarda Energy Shares Soar 20% on Strong Quarterly Results and Energy Segment Growth
Sarda Energy & Minerals Ltd. saw a 20% jump in share price following impressive quarterly results. The company's revenue increased by 76% to ₹1,633.10 crore, while EBITDA grew by 137% to ₹617.19 crore. The energy segment now contributes 67% to consolidated EBITDA, reflecting the company's successful transition to an energy-focused business. The acquisition of SKS Power Generation (Chhattisgarh) Ltd. has boosted financial performance. The stock closed 17% higher at ₹512.65, becoming the top gainer on the BSE Smallcap index.

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Sarda Energy & Minerals Ltd. experienced a significant surge in its share price, jumping 20% following the release of its impressive quarterly results. The company's strategic shift towards becoming an energy-focused business has paid off, with the energy segment now contributing a substantial 67% to the consolidated EBITDA.
Robust Financial Performance
Sarda Energy reported remarkable financial growth for the quarter:
- Revenue surged by 76% to ₹1,633.10 crore
- EBITDA witnessed a staggering 137% increase, reaching ₹617.19 crore
These figures represent a significant improvement compared to the same quarter of the previous year.
Strategic Acquisition Boosts Results
The stellar performance includes the financial contribution from SKS Power Generation (Chhattisgarh) Ltd., which Sarda Energy acquired through the Corporate Insolvency and Resolution Process. The merger was completed in September of the previous year, adding to the company's energy portfolio and overall financial strength.
Stock Performance
The market responded positively to the news:
- Sarda Energy's stock closed 17% higher at ₹512.65
- It emerged as the top gainer on the BSE Smallcap index
- The stock has now turned positive year-to-date
Energy Segment Takes Center Stage
The company's transformation into an energy-focused business has been a game-changer. With the energy segment now accounting for 67% of consolidated EBITDA, Sarda Energy has positioned itself strongly in the power generation sector.
This strategic shift, coupled with the successful integration of SKS Power Generation, has significantly enhanced the company's financial performance and market standing. As Sarda Energy continues to capitalize on its energy-centric approach, investors will be keenly watching for sustained growth in the coming quarters.
Historical Stock Returns for Sarda Energy & Minerals
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+17.56% | +19.81% | +19.41% | +14.55% | +107.53% | +2,596.87% |