Sarda Energy & Minerals Limited has announced its Q3FY26 financial results, showcasing resilient operational performance across its integrated energy and minerals platform. The company's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, during their meeting held on February 7, 2026.

Q3FY26 Financial Performance

The company delivered steady financial results for the third quarter despite seasonal challenges and planned maintenance activities. Q3FY26 performance was impacted by a planned maintenance shutdown of one 300 MW turbine at the thermal power plant for part of the quarter.

Consolidated Results Show Resilience

On a consolidated basis, the company demonstrated better performance with total income growth and stable profitability metrics.

Nine Months Performance Overview

For the nine-month period ended December 31, 2025, the company showed significant year-over-year growth across key financial metrics, demonstrating strong momentum.

Segment-wise Performance

The company operates across three primary business segments, with mixed performance during the quarter.

Conference Call Recording Available

Following the Q3FY26 results announcement, Sarda Energy & Minerals Ltd held a conference call with investors and analysts on February 9, 2026. The company has now made the audio recording of this investor interaction available to stakeholders.

The audio recording can be accessed through the company's official website at www.seml.co.in under the Investors section. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Developments and Outlook

During the quarter, the company signed two new Power Purchase Agreements (PPAs), improving medium-term revenue visibility. The energy segment continued to contribute almost two-thirds to profitability despite seasonality and planned maintenance. Progress continued on the captive solar project, aligned with the company's clean energy strategy and long-term power cost optimization objectives.

Managing Director Pankaj Sarda commented: "During the quarter, the Company delivered a steady operational performance across its integrated energy and minerals platform, reflecting the resilience of our diversified business model. Our balance sheet remains robust, with comfortable liquidity and low leverage, positioning the Company well to support the next phase of growth."

Corporate Developments

During the board meeting, directors re-appointed M/s. APAPS & Co. LLP as Internal Auditors for financial year 2026-27. The firm brings extensive experience across infrastructure, financial services, iron & steel, and power sectors.

The company continues to focus on its integrated energy and minerals platform while maintaining a strong balance sheet with low leverage, providing financial flexibility to support expansion and growth initiatives.

Sarda Energy & Minerals Ltd has reported an internal share transfer within its promoter group, involving 67,000 equity shares on December 30, 2025. The transaction was conducted between two promoter group entities with no impact on the overall promoter shareholding pattern.

Transaction Details

The share transfer involved two simultaneous transactions executed on the same day:

Rationale and Execution

The company explained that the transactions were executed on stock exchanges due to technical issues encountered with offline transfer processes. The sale transaction was undertaken to address urgent personal fund requirements of Mr. Raghav Sarda, while the simultaneous purchase by Prachi Agriculture & Properties Pvt. Ltd. was strategically executed to prevent any alteration in the promoter group's collective shareholding.

Impact on Shareholding Pattern

The company emphasized that despite the internal transfer of 67,000 equity shares, there is no change in the overall promoter holding percentage. This structure ensures continuity in the promoter group's control and ownership pattern while addressing individual liquidity requirements within the group.

Regulatory Compliance

Sarda Energy & Minerals Ltd, which holds ISO 9001, ISO 14001, and ISO 45001 certifications, has duly informed both BSE Ltd and National Stock Exchange of India Ltd about these transactions under Regulation 30. The company has requested both exchanges to take the transaction details on record as part of standard regulatory compliance procedures.