SARDA ENERGY Q2 : CONS NET PROFIT DOWN 2.2% AT 320.49 CR (YOY), DOWN 33.0% (QOQ). WEAK (ON 1ST LOOK)

Revenue down 4.9% at 1,452.84 Cr (YOY), down 9.7% (QOQ). EBITDA 564.29 Cr, down 2.7% (YOY); margins 38.8% v 38.0% (YOY), 47.4% (QOQ). Power segment results 386.31 Cr v 331.24 Cr (YOY); steel segment results 47.79 Cr v 74.14 Cr (YOY). Caution: Hydropower business is seasonal, so results are not comparable quarter on quarter.

Sarda Energy & Minerals Limited

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