India's SMIOL sees consolidated net profit rise 88% in Q2 FY 2026-27

Friday, 06 November 2026 10:06:55 (GMT+3)   |   Kolkata

India's Sandur Manganese & Iron Ore Limited (SMIOL) achieved a consolidated net profit of INR 2.6 billion ($27.65 million) in the second quarter (July-September) of the fiscal year 2026-27, a rise of 88 percent over the corresponding quarter of the previous fiscal year, according to a company regulatory filing on Friday, November 6.

The company reported revenues from operations at INR 15.01 billion ($159.43 million) in the given period, up 22 percent year on year.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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