The Sandur Manganese & Iron Ores Limited announced its unaudited standalone and consolidated financial results for Q3 2025, showing a standalone profit after tax of ₹10.79 crore. The company is also planning an early redemption of its ₹423 crore Non-Convertible Debentures (NCDs) due to strong cash flow and business performance. Additionally, production quotas for iron and manganese ore have been updated.
Financial Performance
For Q3 2025, The Sandur Manganese & Iron Ores Limited reported standalone revenue from operations of ₹48.34 crore, contributing to a total income of ₹50.73 crore. Profit before exceptional items and tax stood at ₹15.80 crore. After accounting for tax expenses of ₹3.12 crore, the profit for the quarter was ₹10.79 crore. Basic and diluted earnings per share were reported at ₹2.22.
Consolidated Results
The consolidated financial results for the same period show a total income of ₹123.72 crore. The consolidated profit after tax and share of profit/(loss) of associate was ₹11.58 crore.
Segmental Performance
The standalone segment-wise revenue shows that the Mining segment contributed ₹37.54 crore, Ferroalloys generated ₹11.75 crore, and Coke and energy added ₹3.57 crore.
Early NCD Redemption
The Board of Directors has approved the early redemption of its ₹423 crore listed secured Non-Convertible Debentures (NCDs) due to the company’s strong positive cash flows and robust business performance. The company is initiating compliance procedures for this transaction.
Production Updates
The company received allocation for Maximum Permissible Annual Production (MPAP) for Iron Ore production of 0.089 Million Tonnes Per Annum (MTPA) and enhanced Manganese Ore production to 0.049 MTPA from its Ramghad mines.
Labor Code Impact
The implementation of new labor codes has been assessed, resulting in an estimated increase in gratuity and leave liabilities of ₹18.89 crore. This has been presented as an exceptional item in the financial results.
Source: BSE
