Sandur Manganese & Iron Ores' Q1 FY 2025-26 Quarterly Results

Result Summary

• Sandur Manganese & Iron Ores Ltd reported a 97.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 84.1%.
• Its expenses for the quarter were up by 159.0% QoQ and 119.3% YoY.
• The net profit increased 2.1% QoQ and increased 15.6% YoY.
• The earnings per share (EPS) of Sandur Manganese & Iron Ores Ltd stood at 10.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sandur Manganese & Iron Ores Ltd is a prominent player in the mining industry, primarily engaged in the extraction and processing of manganese and iron ores. These raw materials are crucial for the production of steel and various other industrial applications. The company operates with a focus on sustainable mining practices and has established a significant presence in the domestic market. As of the latest update, there have been no recent major developments available in the public domain regarding the company's operations or strategic initiatives. Sandur Manganese & Iron Ores Ltd continues to contribute to the supply chain of essential minerals, serving industries that rely heavily on these resources.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), Sandur Manganese & Iron Ores Ltd reported a total income of ₹1150.16 crores. This represents a substantial increase of 97.4% quarter-over-quarter (QoQ) from ₹582.67 crores in the fourth quarter of fiscal year 2025 (Q4FY25), and an 84.1% increase year-over-year (YoY) from ₹624.73 crores in the first quarter of fiscal year 2025 (Q1FY25). This significant growth in total income indicates a strong upward trend in the company's revenue, reflecting its ability to capitalize on favorable market conditions or increased production capacity during this period.

Profitability

In terms of profitability, Sandur Manganese & Iron Ores Ltd recorded a profit before tax of ₹209.36 crores in Q1FY26, which is a slight decline of 4.6% QoQ from ₹219.45 crores in Q4FY25. However, this figure is a 6.9% increase YoY from ₹195.81 crores reported in Q1FY25. The tax expense for Q1FY26 was ₹42.28 crores, showing a decrease of 26.0% QoQ from ₹57.12 crores in Q4FY25 and a reduction of 14.2% YoY from ₹49.26 crores in Q1FY25. Subsequently, the profit after tax for the quarter stood at ₹167.09 crores, reflecting a minor increase of 2.1% QoQ from ₹163.61 crores in Q4FY25 and a notable increase of 15.6% YoY from ₹144.49 crores in Q1FY25. The earnings per share for Q1FY26 were ₹10.30, indicating a growth of 2.0% QoQ and 15.7% YoY.

Operating Metrics

Regarding operating expenses, Sandur Manganese & Iron Ores Ltd incurred total expenses of ₹940.80 crores in Q1FY26. This marks a significant increase of 159.0% QoQ from ₹363.22 crores in Q4FY25 and 119.3% YoY from ₹428.92 crores in Q1FY25. This rise in expenses could be attributed to scaling up operations or increased production costs during the period. Despite the higher expenses, the company's ability to maintain profitability is noteworthy, as reflected in its earnings per share and profit after tax figures. The financial data highlights the company's resilience in managing operational costs while achieving revenue growth.