The Sandur Manganese & Iron Ores Limited has announced its audited financial results for the quarter and year ended March 31, 2026, showcasing a significant performance trajectory. For the current quarter (Q4 FY26), the company reported a revenue from operations of ₹66,817 lakh, marking a substantial increase of 38.23% from the ₹48,337 lakh recorded in the preceding quarter (Q3 FY26). When compared to the corresponding quarter of the previous year (Q4 FY25), which saw revenues of ₹59,495 lakh, the company achieved a year-on-year (YoY) growth of 12.31%. The net profit for the quarter stood at ₹14,834 lakh, reflecting a robust quarter-on-quarter (QoQ) growth of 53.64% over the ₹9,655 lakh earned in the previous quarter and a 16.51% increase compared to ₹12,732 lakh in the same period last year.

The Sandur Manganese & Iron Ores Limited (SMIORE), established in 1954, is a premier integrated commodity producer in India, specialized in the mining of high-quality, low-phosphorous manganese and iron ores in Karnataka. As the third-largest manganese ore miner in the country, the company operates extensively in the Hosapete-Ballari region and manages business verticals in ferroalloys, coke, and energy. In a key move to enhance operational efficiency, the company recently executed a forest lease agreement with the Karnataka Government to establish a downhill conveyor pipe system linking its mines. Furthermore, the company has recently appointed Ernst & Young LLP as its internal auditor for the 2026-27 financial year to maintain high standards of professional governance. Promoters continue to hold a significant stake of 74.22% in the company.