Iron & Steel Products company Sarda Energy & Minerals announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: For Q4FY26, revenue stood at Rs 1,253.57 crore, reflecting a YoY growth of 1.19% from Rs 1,238.84 crore in Q4FY25, and a QoQ decline of 1.76% compared to Rs 1,275.99 crore in Q3FY26. Annual revenue for FY26 was Rs 5,690.45 crore, marking a 22.56% YoY increase from Rs 4,642.85 crore in FY25. Total Income: Total income for Q4FY26 was Rs 1,258.32 crore, down 2.12% YoY from Rs 1,285.64 crore in Q4FY25, and down 7.51% QoQ from Rs 1,360.45 crore in Q3FY26. The total income for FY26 reached Rs 5,927.54 crore, registering a 23.10% YoY growth from Rs 4,815.25 crore in FY25. Net Profit (Attributable to Owners of the Company): In Q4FY26, net profit grew by 45.89% YoY to Rs 157.99 crore compared to Rs 108.29 crore in Q4FY25, while it declined 17.01% QoQ from Rs 190.37 crore in Q3FY26. For FY26, the net profit stood at Rs 1,105.86 crore, a significant increase of 58.02% YoY against Rs 699.82 crore in FY25. Standalone Financial Highlights: Revenue from Operations: Q4FY26 revenue was Rs 1,016.74 crore, reflecting a marginal YoY increase of 0.36% from Rs 1,013.09 crore in Q4FY25, and a 10.80% QoQ growth from Rs 917.62 crore in Q3FY26. Annual revenue for FY26 increased by 24.38% YoY to Rs 4,333.69 crore from Rs 3,484.17 crore in FY25. Total Income: Total income for Q4FY26 stood at Rs 1,013.41 crore, down 1.46% YoY against Rs 1,028.38 crore in Q4FY25, and down 0.40% QoQ from Rs 1,017.47 crore in Q3FY26. For FY26, total income was Rs 4,569.08 crore, up 26.78% YoY from Rs 3,603.87 crore in FY25. Net Profit: Net profit for Q4FY26 stood at Rs 159.89 crore, reflecting a YoY growth of 38.73% from Rs 115.25 crore in Q4FY25, but a slight decline of 1.96% QoQ from Rs 163.09 crore in Q3FY26. Annual net profit for FY26 stood at Rs 948.71 crore, showing a 56.02% YoY growth from Rs 608.06 crore in FY25. Business Highlights: Steel: Revenue for Q4FY26 was Rs 443.78 crore, registering a YoY increase of 2.54% from Rs 432.78 crore in Q4FY25. For the full year FY26, revenue stood at Rs 1,920.89 crore compared to Rs 1,964.32 crore in FY25. Ferro Alloys: Q4FY26 revenue grew 17.45% YoY to Rs 418.01 crore against Rs 355.91 crore in Q4FY25. Annual revenue for FY26 was Rs 1,656.36 crore compared to Rs 1,459.17 crore in FY25. Power: Revenue for Q4FY26 declined 14.54% YoY to Rs 548.92 crore from Rs 642.33 crore in Q4FY25. Full-year FY26 revenue witnessed a strong jump to Rs 2,845.71 crore against Rs 1,884.03 crore in FY25. Corporate and Strategic Updates: Capacity Expansion: The Board of Directors approved the expansion of its Pellet manufacturing capacity by 1.10 MT (taking the total to 2.00 MT from the existing 0.90 MT). The expansion requires an approximate investment of Rs 500 crore to be financed via internal accruals and debt. This project is targeted to be completed within 30 months from the start of work/placement of order. Dividend: The Board recommended a dividend of Rs 2/- per equity share (200%) of face value Rs 1/- each for the financial year 2025-26. SKS Power Acquisition Impact: Consequent to the acquisition of SKS Power Generation (Chhattisgarh) Limited on August 21, 2024, and the commissioning of the 24.9 MW Rehar Power Project on July 8, 2025, the power segment's revenue and results for the current year are not directly comparable with the previous year. Pankaj Sarda, Managing Director, said: “FY26 marked a strategic inflection point for the Company, with EBITDA crossing the Rs 2,000 crore mark led by the increased contribution from energy segment. Despite global supply disruptions and price volatility, we achieved record production across key products including Sponge Iron, Iron Ore Pellets and HB Wires, along with the highest-ever energy generation and coal production, supported by strong domestic demand and operational resilience. Over the past five years, the Company has successfully transformed from a mid-sized metals player into a scalable, diversified energy and mining business, with greater EBITDA visibility, stronger cash flows, and lower cyclicality which is reflected in a 5x energy capacity expansion and a 3x increase in PAT during the period. Looking ahead, our energy portfolio will continue to scale steadily, further strengthened by the recent acquisition of the 66 MW hydropower project in Arunachal Pradesh. Additionally, the Hon’ble Supreme Court’s decision to uphold our resolution plan for SKS Power marks a significant milestone, paving the way for our planned capacity expansion to 4x300 MW by FY30. With a net debt-free balance sheet and plans to double our operational energy capacity over the medium term, we are well-positioned to capitalize on India’s long-term structural growth opportunities.” Result PDF