The Sandur Manganese & Iron Ores Limited has announced robust financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹65,807 lakh for the fiscal year, driven by strong operational performance across its segments. Additionally, the Board has recommended a final dividend of ₹0.50 per equity share for the financial year 2025-26, subject to shareholder approval.
Annual Financial Highlights
For the financial year ended March 31, 2026, the company achieved consolidated revenue from operations of ₹5,08,842 lakh, a significant increase compared to ₹3,13,506 lakh in the previous year. The consolidated net profit for the year reached ₹65,807 lakh, reflecting a strong bottom-line growth. On a standalone basis, the company reported a net profit of ₹54,308 lakh for the full year.
Segment Performance
The company continues to see strong contributions from its core business divisions. In the consolidated segment results, the Mining division led with ₹86,274 lakh in segment results, followed by the Steel division at ₹20,233 lakh. The Ferroalloys segment also contributed positively with ₹1,013 lakh, while the Coke and Energy segment added ₹1,040 lakh.
Strategic Developments
Key operational highlights include the successful full redemption of 45,000 NCDs aggregating to ₹42,300 lakh using internal accruals, strengthening the company’s balance sheet. Furthermore, the company has secured approval to move forward with the Downhill Conveyor System (DCS) following the execution of a Forest Lease Agreement. The management also noted that it is taking legal steps, including filing a Special Leave Petition, regarding a dispute over compensatory afforestation charges.
Shareholder Returns
Reflecting confidence in its financial position, the Board of Directors has recommended a final dividend of ₹0.50 per equity share (with a face value of ₹10 each). This recommendation remains subject to approval by shareholders at the upcoming Annual General Meeting.
Source: BSE
