Sarda Energy & Minerals Ltd's Q3FY25 Quarterly Results

Result Summary

• Sarda Energy & Minerals Ltd reported a 8.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 37.0%.
• Its expenses for the quarter were up by 16.5% QoQ and 33.6% YoY.
• The net profit decreased 1.7% QoQ and increased 74.8% YoY.
• The earnings per share (EPS) of Sarda Energy & Minerals Ltd stood at 5.6 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sarda Energy & Minerals Ltd is a prominent player in the steel and ferro alloys industry, primarily engaged in the production and sale of steel products and power generation. The company has established a diversified portfolio that includes manufacturing sponge iron, billets, and ferro alloys, among other steel-related products. Additionally, it has ventured into the power generation sector to support its production facilities, leveraging its resources to create a vertically integrated business model. As of the latest data, the company has been actively enhancing its operational capabilities to adapt to market demands and expand its market presence. However, detailed information about recent major developments is not available in the provided data.

Revenue

In the third quarter of the fiscal year 2025, Sarda Energy & Minerals Ltd reported a total income of ₹1,318.74 crores. This marks an 8.6% increase compared to the previous quarter, where the total income stood at ₹1,214.20 crores. On a year-over-year basis, the total income saw a significant growth of 37.0% from ₹962.60 crores recorded in the third quarter of the fiscal year 2024. This growth trajectory in revenue underscores the company’s ability to capture increased market demand for its products and maintain a steady revenue stream over the respective periods.

Profitability

The company recorded a profit before tax of ₹226.06 crores in the third quarter of fiscal year 2025, representing an 18.2% decline from ₹276.48 crores in the second quarter of the same fiscal year. However, when compared to the third quarter of fiscal year 2024, there was a notable increase of 58.0% from ₹143.08 crores. The tax expenses for the quarter were ₹37.90 crores, a substantial decrease of 47.7% from the previous quarter’s ₹72.50 crores, but a slight increase of 5.8% from the same quarter in the previous year. The profit after tax amounted to ₹200.08 crores, showing a marginal decrease of 1.7% from the previous quarter’s ₹203.49 crores, yet a significant rise of 74.8% from the ₹114.45 crores reported in the corresponding quarter of the prior fiscal year.

Operating Metrics

The earnings per share (EPS) for the quarter were ₹5.60, reflecting a small increase of 1.8% from ₹5.50 in the preceding quarter. On a year-over-year basis, the EPS grew by 69.7% from ₹3.30. The total expenses for Q3FY25 were ₹1,092.68 crores, which is a 16.5% rise from ₹937.72 crores in Q2FY25 and a 33.6% increase from ₹817.74 crores in Q3FY24. These metrics indicate a proportional rise in both income and expenses, resulting in fluctuations in profitability. While the company has seen growth in income, the rise in expenses suggests a parallel increase in operational activities. The financial data reflects robust financial performance with significant improvements over the year, although variances are observed on a quarter-to-quarter basis.