Sarda Energy & Minerals Ltd share price gained 0.82% to Rs 516.15 after the company's net profit soared by 227.86% to Rs 462.81 crore, while revenue from operations gained significantly 28.15% to Rs 1589.47 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.92 lakh crore, slipping 5.32%. It has marginally improved by 3.65% over last one week and edged lower by 4.36% in last one month while the market capitalization of Sarda Energy & Minerals Ltd has improved by 2.92% and 12.69% in the same period respectively. Profit before tax (PBT) of Sarda Energy & Minerals Ltd stood at Rs 614.71 crore in Q2 FY26, rising by 11.12% year-on-year, and expanding by 192.04% quarter-on-quarter. EBITDA came in at Rs 545 crore, gaining 1.36% YoY and surging by 58.96% sequentially. Total expenses posted a minor rise of 4.94% to Rs 1043.38 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 652.94 crore, posting a minor increase of 9.44% YoY, while employee benefits expense was at Rs 58.2 crore, seeing a marginal contraction of 2.71% YoY. For the TTM ended FY26, revenue from operations jumped by 20.46% to Rs 4604.99 crore, while net profit jumped 33.93% to Rs 681.19 crore, compared to previous TTM. EBITDA surged by 70078% to Rs 1064.95 crore, and PBT witnessed a strong rise of 37.52% to Rs 917.76 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 885.71 crore in FY26, as against Rs 742.48 crore in FY25. Sarda Energy & Minerals Ltd rallied 15.33% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.81% during the same period.
