Sandur Manganese & Iron Ores Limited has submitted to the Exchange, outcome of Board meeting inter-alia containing the financial results for the period ended March 31, 2026 and final dividend for the financial year 2025-26
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Sandur Manganese & Iron Ores Limited reported strong FY2026 results with standalone revenue of Rs 2,01,062 lakh (up 3.7% YoY) and consolidated revenue of Rs 5,08,842 lakh (up 62.3% YoY). Standalone profit after tax grew 22.2% to Rs 54,308 lakh, while consolidated PAT rose 39.8% to Rs 65,807 lakh. EPS stood at Rs 11.17 (standalone) and Rs 13.51 (consolidated), restated for the 2:1 bonus share issuance in September 2025. The Board recommended a final dividend of Rs 0.50 per share for FY2025-26, subject to shareholder approval. Auditors Deloitte Haskins & Sells issued an unmodified opinion. An exceptional charge of Rs 1,889 lakh was recorded for new Labour Code implementation. Ernst & Young LLP was appointed as internal auditor for FY2026-27.
The company delivered robust profit growth on the back of higher volumes and improved realizations across segments. The clean audit opinion and dividend recommendation are positive signals for shareholders. However, a contingent liability of Rs 13,125 lakh related to forest lease charges remains disputed.