Team News Riveting
Mumbai, August 4
Sarda Energy and Minerals Limited (SEML), a flagship entity of Chhattisgarh-based Sarda Group, has reported a 120 per cent year-on-year jump in profit after tax (PAT) for the quarter (Q1) ended June 2025.
In a regulatory filing on Monday, the company informed that its PAT rose to Rs 437 crore in the first quarter of the current financial year that is 120 per cent more compared to previous year’s Rs 198 crore for the same period. SEML’s revenue from operations climbed 76.3 per cent to Rs 1,633 crore during the June 2025 quarter, up from Rs 926 crore a year earlier.
The company reported a 137 per cent jump in EBITDA to Rs 617.19 crore compared to the same quarter last year, the SEML said, adding that its energy business now contributes 67 per cent of its consolidated EBITDA. “Energy segment emerges as the growth engine, transforming SEML into an energy powerhouse,” the company added.
SEML completed the acquisition of SKS Power Generation (Chhattisgarh) Ltd. under the insolvency process and merged it into the company from 1st September last year. SEML’s acquisition of SKS Power marks a strategic shift—diversifying beyond metals, reducing cyclicality, and positioning it as an integrated energy business
The IPP Binjkot (SKS Power), achieved a high average PLF of 90 per cent and an average realization of Rs 6.16/unit in Q1FY26 (vs PLF of 70.5 per cent and price of Rs 4.9/unit in FY25), reflecting strong operational performance
The Hydro Power (167 MW of Operational Assets) contributed to stable revenue stream and high EBITDA margin. The existing infrastructure at IPP Binjkot (SKS Power) provides potential of doubling the capacity over time
The two small hydropower projects totaling 48.90 MW capacity are under different stages of approvals.
Established as Raipur Alloys and Steel in 1976, SEML was acquired by the Sarda Group headed by Kamal Sarda in 1979. It was renamed in 1985 while adopted its current name in 2006. The company operates an integrated steel manufacturing facility with in-house sponge iron and ferro alloy production, supported by a captive thermal power plant. It also has a presence in the hydropower sector via special purpose vehicles.
