Sarda Energy reports strong profit growth and expansion plans
pre-market1 source ↓written by the desknot a recommendation
- was recommended
- ₹2 per share dividend
Sarda Energy & Minerals reported sharp revenue and net profit growth driven by the SKS Power acquisition and robust performance in the power segment. A ₹2 per share dividend was recommended, alongside approval for a major pellet plant expansion to meet rising demand.
This expansion is expected to enhance capacity and may positively impact market sentiment for the company.
Not investment advice. For informational purposes only.