Sarda Energy Q4 profit rises sharply as margins improve despite muted revenue growth

Sarda Energy & Minerals Ltd reported a strong set of Q4FY26 earnings, led by robust profitability and margin expansion, even as revenue growth remained modest.

The company posted a consolidated net profit of ₹158 crore for the quarter ended March 2026, marking a 46% year-on-year increase compared to ₹108.3 crore reported in the corresponding quarter last year.

Revenue from operations rose 1.2% YoY to ₹1,253.6 crore against ₹1,239 crore in Q4FY25, indicating relatively stable topline performance during the quarter.

Operationally, the company delivered a sharp improvement. EBITDA climbed 28.4% year-on-year to ₹347.4 crore from ₹270.6 crore in the year-ago period. EBITDA margin expanded significantly to 27.7% compared to 21.8% in Q4FY25, reflecting better operational efficiency and improved profitability.

The strong margin expansion appears to have supported investor sentiment despite limited revenue growth. Sarda Energy operates across steel, ferro alloys, power and mining businesses, and is considered one of the integrated players in the metals and energy space.

Sarda Energy shares ended Friday’s session at ₹570, up ₹7.95 or 1.41% on the NSE.