Sarda Energy & Minerals posted strong Q1 FY27, with highest-ever quarterly EBITDA of INR 762 Cr & PAT of INR 478 Cr (+9.4% YoY). Energy business contributed 70% of consolidated EBITDA. A one-time INR 110 Cr benefit from regulatory approval boosted net profit.
Operational challenges included delayed monsoon for small hydro and planned outages impacting metals production, though the 113 MW Sikkim plant is now fully restored. Key expansions are on track: 600 MW thermal brownfield, 66 MW Arunachal hydro, & new high-grade coal mines (Shahpur West operational by FY27 end). A 50 MW solar project faces slight delay. Net debt-free with INR 2,500 Cr liquidity, management is confident in operational improvements & stable metal prices. #SardaEnergy #Q1FY27