Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Net profit up 15% YoY to ₹142 Cr
Revenue rises 9% to ₹1,075 Cr
EBITDA margin improves to 21.5%
Sarda Energy & Minerals Ltd (SEML), a leading steel and ferro alloys manufacturer, reported a 15% YoY jump in net profit for Q4 FY2024-25, reaching ₹142 crore. The growth was backed by strong demand in both domestic and export markets.
Quarterly revenue grew 9% to ₹1,075 crore, driven by higher volumes and better realizations. The EBITDA margin improved to 21.5% from 19.2% a year ago, reflecting effective cost control and enhanced operational efficiency.
For the full fiscal year, SEML reported an 11% rise in net profit to ₹496 crore. The management remains upbeat on demand prospects, especially in infrastructure and global ferro alloy markets.
Also Read : Trump Approves Nippon Steel’s $14.9B U.S. Steel Deal with “Golden Share” to Safeguard American Control JSW Steel launched GreenEdge, a sustainable steel brand.
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