The Board of Directors of Ashapura Minechem Limited, in their meeting held on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a significant performance improvement for the quarter, with consolidated profit before tax and exceptional items reaching Rs 146.8 crores, marking a 64.3% increase compared to the previous quarter.

Ashapura Minechem Limited is a diversified, multi-mineral group that provides solutions across various industries and sectors. The company operates primarily through its Guinea business, which focuses on the mining and export of Bauxite and Iron Ore, and its India business, which specializes in value-added mineral products including Bentonite, White Performance Materials, Specialty Adsorbent Solutions, and Advanced Ceramic Materials.

The company’s Guinea operations experienced a sharp increase in volumes, leading to more than 100% growth in top-line revenue for the fourth quarter compared to the third quarter of FY 2025-26. However, profitability in the India business was moderated during the quarter due to rising input costs and a shift in sales mix towards lower-margin products. Furthermore, the profitability of the Specialty Adsorbent Solutions division was impacted by a sharp rise in sulphuric acid prices. The Board of Directors has recommended a final dividend of 100%, amounting to Rs 2 per equity share for the financial year ended March 31, 2026.