Announced Thu, 8 Oct, 2026 · 19:39 IST
Chaman Metallics H1 FY27 operational update: production jumps YoY
CMNL · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Chaman Metallics reported H1 FY27 operational update. Sponge iron production rose 24.9% YoY to 79,553 MT with 84.86% capacity utilization. Silico Manganese production surged 119.3% YoY to 9,981 MT. New MS Billets segment produced 45,243 MT at 45.70% utilization. However, sponge iron sales fell 43.9% YoY to 35,067 MT, likely due to higher captive consumption. Captive power generation more than quadrupled YoY to 10.83 crore units.
Likely market impact
Strong production growth and new MS Billets segment are positive, but sponge iron sales decline of 44% YoY may concern investors.