SARDAEN Q2 FY27 Guidance vs Delivery (SARDAEN Management Mirror)

50-MW Captive Solar Commissioning Deferred to Next Quarter From Q2 FY27 Guided in Jun'26 Qtr

In the Sep'26 Qtr concall, management updated that the 50-MW captive solar project is now scheduled for commissioning in the upcoming quarter. This outcome defers the earlier timeline, as management had initially guided in the Mar'26 Qtr for commissioning before the end of the Sep'26 Qtr, which was later revised in the Jun'26 Qtr to before the end of Q2 FY27. Looking ahead, management guides that the commissioning in the next quarter remains subject to the resolution of right-of-way issues regarding transmission lines.