Outcome of Board Meeting

An ISO 9001, ISO 14001 & ISO 45001 Certified Company SARDA ENERGY & MINERALS LTD. 31st October 2026 BSE Ltd National Stock Exchange of India Ltd. The Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400051 Dalal Street – Mumbai 400 001 Fax. No: 022-26598237/38, 022-26598347/48 Security Code No. :504614 Symbol: SARDAEN Series: EQ Dear Sir, Sub: Outcome of Board Meeting held on 31st October 2026 In continuation to earlier intimation, please be informed that the Board of Directors of the Company at their meeting held today, have, approved the unaudited, standalone and consolidated results (financial and segment wise) for the 2nd quarter and half year ended 30th September 2026. A copy of the said results (Annexure 1) along with the Limited Review Report issued by the Statutory Auditors of the Company containing unmodified opinion on the unaudited standalone and consolidated financial results for the 2nd quarter and half year ended 30th September 2026 is enclosed (Annexure 2). Please also be informed that: i. the results are being filed and published as required; and ii. the meeting started at 11.30 a.m. and concluded at 2.00 p.m. You are requested to take the same on record and disseminate it for the information of the stakeholders. Thanking you, Yours faithfully, For Sarda Energy & Minerals Ltd. Company Secretary Encl: As above. SARDA ENERGY & MINERALS LIMITED Regd. Office: 73A, Central Avenue, Nagpur - 440 018 website: www.seml.co.in email: cs@seml.co.in Ph: 0712-2722407 CIN: L27100MH1973PLC016617 STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30/09/2026 (₹ in Crore except per share data) Quarter Ended Half Year Ended Year Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Audited 1 Income a) Income from Operations 1,056.72 1,161.61 1,091.02 2,218.33 2,396.64 4,324.63 b) Other Operating Income 0.70 0.93 1.23 1.63 2.70 9.06 Revenue from Operations 1,057.42 1,162.54 1,092.25 2,219.96 2,399.34 4,333.69 c) Other Income 35.17 70.01 68.49 1 05.18 1 38.87 2 35.39 Total Income 1,092.59 1,232.55 1,160.74 2,325.14 2,538.21 4,569.08 2 Expenses a) Cost of Materials consumed 5 42.68 5 33.75 5 32.15 1,076.43 1,108.89 2,137.76 b) Purchase of stock in-trade 75.02 29.52 26.76 1 04.54 55.76 1 37.41 c) Changes in inventories of finished goods, WIP and stock-in-trade ( 29.99) ( 12.49) 19.56 ( 42.48) 28.86 ( 22.81) d) Employee benefit expenses 42.21 44.08 38.99 86.29 78.19 1 66.23 e) Finance Costs 31.20 32.54 34.10 63.74 69.12 1 32.38 f) Depreciation and amortisation expenses 58.19 55.27 51.82 1 13.46 1 02.53 2 10.36 g) other expenses 1 44.10 1 25.78 1 42.41 2 69.88 2 69.37 5 44.67 Total Expenses 8 63.41 8 08.45 8 45.79 1,671.86 1,712.72 3,306.00 3 Profit /(Loss) from ordinary activities before exceptional items (1-2) 2 29.18 4 24.10 3 14.95 6 53.28 8 25.49 1,263.08 4 Exceptional items-Income / (Expense) - - - - - - 5 Profit /(Loss) from ordinary activities before tax 2 29.18 4 24.10 3 14.95 6 53.28 8 25.49 1,263.08 6 Tax Expense Current Tax - - - - - - Deferred Tax 53.69 1 05.53 75.27 1 59.22 1 99.76 3 14.37 7 Net Profit /(Loss) from ordinary activities after tax (5-6) 175.49 318.57 239.68 494.06 625.73 948.71 Total Profit / (Loss) 175.49 318.57 239.68 494.06 625.73 948.71 8 Other comprehensive income Items that will not be reclassified to profit or loss (0.43) (0.42) (0.59) (0.85) (1.17) (1.70) Income tax relating to items that will not be reclassified to profit or - - - - - loss - Items that will be reclassified to profit or loss - - - - - - Income tax relating to items that will be reclassified to profit or loss - - - - - - 9 TOTAL COMPREHENSIVE INCOME , NET OF TAX 175.06 318.15 239.09 493.21 624.56 947.01 10 Paid up equity share capital (Eq. shares of ₹1/- each) 35.24 35.24 35.24 35.24 35.24 35.24 11 Earnings per share of ₹1/- each (not annualised) a) Basic 4.98 9.04 6.80 14.02 17.76 26.92 b) Diluted 4.98 9.04 6.80 14.02 17.76 26.92 NOTES :- 1 TheaboveresultshavebeenreviewedbytheAuditcommitteeandapprovedbytheBoardofDirectorsofthecompanyinitsmeeting held on 31st October 2026. 2 TheseresultshavebeenpreparedinaccordancewiththeCompanies(IndianAccountingStandards)Rules,2015(lndAS)asprescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 3 The other income includes interest, share of profit / (loss) in LLP and effect of change in fair value of market investments. 4 The figures for the corresponding previous periods have been regrouped, wherever necessary, to make them comparable. 5 The above results are also available on the Company's website - www.seml.co.in and also on the website of BSE and NSE. FOR AND ON BEHALF OF BOARD OF DIRECTORS PLACE : RAIPUR P.K. JAIN DATE : 31.10.2026 WHOLETIME DIRECTOR & CFO SARDA ENERGY & MINERALS LIMITED Regd. Office: 73A, Central Avenue, Nagpur - 440 018 website: www.seml.co.in email: cs@seml.co.in Ph: 0712-2722407 CIN: L27100MH1973PLC016617 STANDALONE SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND HALF YEAR ENDED 30/09/2026 (₹ in Crore) Quarter ended Half Year Ended Year Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Audited 1 Segment Revenue a) Steel 397.90 446.55 447.36 844.45 933.37 1,920.89 b) Ferro Alloys 222.80 169.20 146.14 392.00 295.89 637.70 c) Power 518.11 647.56 655.57 1,165.67 1,443.69 2,271.67 d) Unallocated 3.67 4.62 3.52 8.29 8.77 20.18 Total 1,142.48 1,267.93 1,252.59 2,410.41 2,681.72 4,850.44 Less: Inter Segment Revenue 85.06 105.39 160.34 190.45 282.38 516.75 Net Sales/Income from operations 1,057.42 1,162.54 1,092.25 2,219.96 2,399.34 4,333.69 2 Segment Results Profit/(Loss) before tax and interest and forex fluctuation gain/(loss) a) Steel 47.79 71.29 74.14 119.08 172.38 318.10 b) Ferro Alloys 26.11 35.94 27.31 62.05 53.25 108.31 c) Power 185.00 312.92 208.63 497.92 586.07 876.20 Total 258.90 420.15 3 10.08 679.05 811.70 1,302.61 Less: i) Interest & Forex fluctuation Gain/(Loss) (30.69) (32.21) (35.96) (62.90) (70.33) (133.48) ii) Unallocable expenditure net off unallocable income. 0.97 36.16 40.83 37.13 84.12 93.95 Gain/(Loss) Total Profit before tax 229.18 424.10 314.95 653.28 825.49 1,263.08 3 Segment Assets a) Steel 1,262.33 1,299.27 1,027.63 1,262.33 1,027.63 1,241.41 b) Ferro Alloys 235.99 248.30 216.40 235.99 216.40 238.08 c) Power 4,009.14 3,997.16 3,823.13 4,009.14 3,823.13 3,834.40 d) Unallocated 4,022.75 3,746.83 3,462.03 4,022.75 3,462.03 3,577.00 Total 9,530.21 9,291.56 8,529.19 9,530.21 8,529.19 8,890.89 4 Segment Liabilities a) Steel 194.72 165.13 122.15 194.72 122.15 143.20 b) Ferro Alloys 35.47 7.61 63.48 35.47 63.48 45.76 c) Power 1,741.16 1,725.05 1,724.79 1,741.16 1,724.79 1,715.71 d) Unallocated 422.97 362.46 228.04 422.97 228.04 273.06 Total 2,394.32 2,260.25 2,138.46 2,394.32 2,138.46 2,177.73 NOTES :- 1 The figures for the corresponding previous periods have been regrouped, wherever necessary, to make them comparable. PLACE : RAIPUR P.K. JAIN DATE : 31.10.2026 WHOLETIME DIRECTOR & CFO SARDA ENERGY & MINERALS LIMITED STANDALONE CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER 2026 (₹ in Crore) Half Year Ended Half Year Ended PARTICULARS 30.09.2026 30.09.2025 Unaudited A. CASH FLOW FROM OPERATING ACTIVITIES : Profit before tax as per statement of Profit & Loss 653.28 825.49 Adjustments to reconcile profit before tax to cash generated by operating activities Depreciation and amortization expense 113.46 102.53 Finance Costs 63.74 69.12 Allowance/(Reversal) for credit losses on financial assets 2.30 0.07 Interest Income (77.21) (44.88) Corporate Guarantee Commission (0.33) (0.26) Net (Gain)/Loss on investments pertaining to Fair valuation and foreign currency transaction 13.07 (35.89) Dividend Income (7.87) (9.19) (Profit) / Loss on sale of PPE, sale of investment and scrapp [Showing first 8,000 characters — download PDF for full document]