Sarda Energy reported a 118.5% year-on-year rise in consolidated net profit to Rs 434.36 crore for the quarter ended June 2025, compared with Rs 198.76 crore in the same quarter last year. Revenue from operations climbed 76.3% to Rs 1,633 crore during the June 2025 quarter, up from Rs 926 crore a year earlier, according to the company’s exchange filing on Saturday.
Earnings before interest, tax, depreciation and amortisation (Ebitda) rose to Rs 617 crore from Rs 261 crore, while operating margins improved to 37.8% from 28.1% in the year-ago quarter.
Stock rallies amid bullish technical setup
The stock has gained 16.5% over the past month and is up 94% in the last 12 months. So far in 2025, it has risen 4.6%. Monday’s sharp rally pushed the stock above all its eight key simple moving averages, spanning from the 5-day to the 200-day SMA, signalling continued bullish momentum across short- to long-term charts.
The Relative Strength Index (RSI) stood at 47.5, suggesting the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) remained above both its signal and center lines at 0.3, reinforcing the uptrend.
Hydropower push
In July, the company’s subsidiary, Chhattisgarh Hydro Power LLP, received an in-principle approval from the Chhattisgarh State Power Distribution Company to procure electricity on a long-term basis from the Rehar-1 small hydro power project.”The company has received in-principle approval from Chhattisgarh State Power Distribution Company Ltd. for procuring power from 3x 8.3 MW Rehar-1 small hydro power project on a long term basis; and has commenced commercial operation of Rehar-1 small hydro power project,” Sarda Energy said in its exchange filing.
Sarda Energy & Minerals, originally established as Raipur Alloys and Steel in 1976, was acquired by the Sarda Group in 1979 and renamed in 1985. It 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.
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