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).