SARDAEN2024-07-012024-09-30 SARDAEN2024-07-012024-09-30 SARDAEN2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member SARDAEN2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member SARDAEN2024-09-30 SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue04Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue04Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults04Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member SARDAEN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults04Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets04Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SARDAEN2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SARDAEN2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SARDAEN2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SARDAEN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member SARDAEN2024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member SARDAEN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SARDAEN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SARDAEN2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SARDAEN2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 504614 SARDAEN NOTLISTED Sarda Energy & Minerals Limited Equity 2024-04-01 2025-03-31 2024-11-14 2024-10-30 INR Crores Half yearly 12:30:00 16:30:00 2024-11-14 2024-11-14 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 11586600000.00 555400000.00 12142000000.00 5767800000.00 338800000.00 80400000.00 406000000.00 547600000.00 615900000.00 1620700000.00 9377200000.00 2764800000.00 0.00 2764800000.00 -470000000.00 1195000000.00 725000000.00 0.00 2039800000.00 0.00 0.00 0.00 -4900000.00 2034900000.00 -55600000.00 1979300000.00 1954000000.00 80900000.00 1925600000.00 53700000.00 352400000.00 1 5.55 5.55 0.00 0.00 5.55 5.55 NOTES:- 1.The above results have been reviewed by the Audit committee and approved by the Board of Directors of the company in its meeting held on 14th November 2024. 2.These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015 (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. The above results are prepared after consolidating results of all subsidiaries and joint venture companies. 3. On August 21, 2024, the Group completed acquisition of SKS Power Generation (Chhattisgarh) Limited (‘SKS’) pursuant to the Resolution Plan (‘RP’) as approved by the National Company Law Tribunal vide its order dated August 13, 2024, under Corporate Insolvency and Resolution Process (‘CIRP’) of the Insolvency and Bankruptcy Code, 2016 (‘IBC’). SKS is having 2 x 300 MW thermal power plant in the state of Chhattisgarh. As per the terms of RP, the Group discharged its obligation under the RP by paying the full consideration on August 19, 2024, and acquired 100% shareholding of SKS on August 21, 2024. Further, pursuant to the RP, the Group amalgamated the whole of the undertaking of SKS along with all the properties, assets, liabilities, permits, licenses, investments etc. as a going concern w.e.f. Appointed Date of September 1, 2024. As per Ind AS 103, the transaction has been accounted on a provisional basis, pending final determination of the fair value of the acquired assets and liabilities. However, the management does not envisage any significant impact on the profit & loss for the period ended 30th September 2024 and Balance Sheet as at 30th September 2024.. Results of current quarter includes the numbers of SKS from August 22, 2024, hence, not comparable with previous periods. One of the units (300 MW) was under periodical maintenance shutdown from 1st September, which came into operation w.e.f.12.10.2024. Furthermore, the Order of Hon’ble NCLT approving the Resolution Plan was challenged by unsuccessful resolution applicants before NCLAT which has been rejected by NCLAT. Now the unsuccessful applicants have filed appeals in the hon’ble Supreme Court. 4.The other income includes effect of mark to market gain/(loss) on investment. 5.The other expenses are net of forex gain of Rs. 4.75 Crore in the Quarter and Rs 8.52 Crore in half year ended 30.09.2024. 6.The figures for the corresponding previous periods have been restated / regrouped, wherever necessary, to make them comparable. 7.The above results are also available on the Group's website - www.seml.co.in and also on the website of BSE and NSE. The key standalone financial results are given below: Particulars Quarter Ended Half Year Ended Year Ended 30.09.2024 30.06.2024 30.09.2023 30.09.2024 30.09.2023 31.03.2024 Unaudited Unaudited Audited Revenue from operations 762.66 661.83 646.08 1424.49 1406.18 2733.45 Profit/(loss) before tax 180.54 236.19 122.94 416.74 325.03 616.81 Profit/(Loss) after tax 122.60 181.01 92.66 303.61 252.05 465.88 Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 20848800000.00 1305200000.00 22154000000.00 11121600000.00 366100000.00 -341400000.00 783000000.00 904900000.00 1065800000.00 2941000000.00 16841000000.00 5313000000.00 0.00 5313000000.00 100300000.00 1227800000.00 1328100000.00 0.00 3984900000.00 0.00 0.00 0.00 32300000.00 4017200000.00 -47700000.00 3969500000.00 3941600000.00 75600000.00 3917200000.00 52300000.00 352400000.00 1 11.19 11.19 0.00 0.00 11.19 11.19 Other Expenses 1620700000.00 Other Expenses 2941000000.00 1107400000.00 57482200000.00 5143400000.00 379200000.00 330000000.00 717000000.00 14000000.00 0.00 757600000.00 575000000.00 0.00 0.00 478500000.00 1053500000.00 0.00 1438400000.00 67315300000.00 7966700000.00 4677500000.00 3300800000.00 6048200000.00 4988500000.00 4243600000.00 614900000.00 23873500000.00 3700000.00 3113800000.00 34957700000.00 0.00 0.00 102273000000.00 352400000.00 58929700000.00 59282100000.00 60389500000.00 24301200000.00 0.00 321100000.00 24622300000.00 452000000.00 875300000.00 0.00 211100000.00 26160700000.00 4444400000.00 2028100000.00 7453000000.00 13925500000.00 1574000000.00 25300000.00 198000000.00 0.00 15722800000.00 0.00 0.00 41883500000.00 102273000000.00 Ferro Alloys 4322700000.00 Power 4198400000.00 Steel 4577600000.00 Unallocated 47900000.00 Ferro Alloys 7887000000.00 Power 6159100000.00 Steel 9646900000.00 Unallocated 116700000.00 13146600000.00 23809700000.00 1560000000.00 2960900000.00 11586600000.00 20848800000.00 Ferro Alloys 767500000.00 Power 1277000000.00 Steel 1138400000.00 Unallocated 0.00 Ferro Alloys 1486000000.00 Power 1572600000.00 Steel 2619200000.00 Unallocated 0.00 3182900000.00 5677800000.00 500100000.00 819700000.00 -82000000.00 NOTES:- 1.The figures for the previous periods have been restated / regrouped, wherever necessary, to make them comparable. 2.Hydropower business is seasonal as such results are not comparable quarter on quarter. -454900000.00 2764800000.00 5313000000.00 Ferro Alloys 8703700000.00 Power 69735800000.00 Steel 9492100000.00 Unallocated 0.00 87931600000.00 14011400000.00 101943000000.00 Ferro Alloys 3914600000.00 Power 30266100000.00 Steel 1169900000.00 Unallocated 0.00 35350600000.00 6532900000.00 41883500000.00 904900000.00 -1886400000.00 -1776400000.00 0.00 0.00 -523700000.00 0.00 0.00 0.00 303200000.00 0.00 0.00 5533300000.00 1065800000.00 0.00 0.00 0.00 0.00 0.00 -3700000.00 0.00 0.00 0.00 -519300000.00 0.00 -81900000.00 101700000.00 -500000.00 32300000.00 3149300000.00 8462300000.00 -20900000.00 0.00 -560000000.00 54700000.00 0.00 7826700000.00 0.00 0.00 3537800000.00 18554900000.00 0.00 0.00 0.00 0.00 0.00 2860200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 626500000.00 0.00 0.00 20900000.00 560000000.00 0.00 0.00 0.00 -16669900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15083300000.00 0.00 0.00 0.00 352400000.00 880100000.00 0.00 0.00 13850800000.00 5007600000.00 0.00 5007600000.00 1040600000.00 6048200000.00 Amount of items that will not be reclassified to profit and loss 600000.00 Amount of items that will not be reclassified to profit and loss 1100000.00 600000.00 1100000.00 600000.00 1200000.00 Amount of items that will be reclassified to profit and loss 4000000.00 Amount of items that will be reclassified to profit and loss 4200000.00 4000000.00 4200000.00 59600000.00 51800000.00