India’s SMIOL sees net profit rise by 51% in Q4 FY 2025-26

Monday, 11 May 2026 10:05:40 (GMT+3)   |   Kolkata

India’s Sandur Manganese and Iron Ore Limited (SMIOL) achieved a net profit of INR 2.36 billion ($24.59 million) in the fourth quarter (January-March) of the fiscal year 2025-26, a rise of 50.94 percent year on year, according to a company regulatory filing on Monday, May 11.

The company reported total sales of INR 15.11 billion ($159.98 million), with a rise of 14.39 percent year on year.

For the full fiscal year, SMIOL’s total net profit stood at INR 6.56 billion ($69.50 million), a rise of 39.66 percent year on year, while total sales income for the year increased by 62.32 percent year on year to INR 50.88 billion ($538.63 million).

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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