The Sandur Manganese & Iron Ores Limited reported strong growth for the financial year ending 31 March 2026. The company achieved a standalone revenue of ₹2,01,062 lakh and a net profit of ₹54,308 lakh. Driven by strong performances in mining and ferroalloys, the Board has recommended a final dividend of ₹0.50 per equity share. Additionally, the company is set to enhance its internal audit oversight by appointing Ernst & Young LLP for the upcoming fiscal year.
Full Year Financial Highlights
For the financial year ended 31 March 2026, the company demonstrated significant financial strength. On a standalone basis, total revenue reached ₹2,01,062 lakh, reflecting a strong performance across core business segments. The standalone profit for the year stood at ₹54,308 lakh, compared to ₹44,452 lakh in the previous year. On a consolidated basis, the group revenue was reported at ₹5,08,842 lakh with a consolidated profit of ₹65,807 lakh.
Segment Performance
The company’s operations remain diversified, with mining continuing as a primary revenue driver. Standalone segment results for the mining business contributed ₹86,045 lakh to the annual profit. The ferroalloys segment also showed marked improvement, with segment results turning positive at ₹1,013 lakh for the year, compared to a loss in the previous year. These figures underscore the company’s operational efficiency and favorable market conditions.
Dividend and Governance
In recognition of the positive performance and robust cash flows, the Board of Directors has recommended a final dividend of ₹0.50 per equity share for the financial year 2025-26. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. Furthermore, the company is strengthening its internal control framework through the appointment of Ernst & Young LLP as the Internal Auditor for the 2026-27 financial year, ensuring continued excellence in corporate governance.
Future Outlook
The company is actively advancing its infrastructure capabilities, including the upcoming commencement of a Downhill Conveyor System (DCS) in the 2026-27 financial year, following regulatory approvals. Despite ongoing legal matters concerning forest lease extensions, the leadership remains focused on long-term growth and operational sustainability.
Source: BSE
