Sarda Energy & Minerals reports strong growth, strategic acquisitions in FY2024-25
Sarda Energy & Minerals Limited (SEML) has released its 52nd Annual Report for the fiscal year 2024-25, revealing a 20% increase in consolidated revenues to ₹4,643 crore and a 34% rise in profit after tax to ₹702 crore. The company also announced a dividend of ₹1.50 per share. Key operational milestones include 1.68 MnT in coal production, 8.19 lakh MT in pellet production, and 3,482 MU in thermal power generation.
A significant highlight is the acquisition and amalgamation of SKS Power Generation (Chhattisgarh) Limited, adding a 600 MW thermal power plant. The company also increased its coal mining capacity to 1.68 MMTPA and its iron ore pellet capacity to 900,000 tonnes per annum. SEML’s commitment to sustainability is demonstrated by 100% capacity utilization of its Waste Heat Captive Power Plant and manufacturing 1.50 Lakh MT of Eco Bricks from plant process waste.
Additionally, SEML is expanding its hydropower generation with upcoming projects totaling 50 MW and has initiatives for reducing carbon emissions, including a 50 MW solar plant. The company maintains strong governance with a diversified board, and its Secretarial Audit Report for FY2024-25 confirms compliance with applicable regulations and corporate practices.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Sarda Energy & Minerals publishes news
Free account required • Unsubscribe anytime