Key Quantitative Figures

Standalone Financial Results (Quarter ended 30 June 2026):

  • Revenue from operations: ₹54,031 lakh (₹540.31 crore)
  • Other income: ₹1,329 lakh (₹13.29 crore)
  • Total income: ₹55,360 lakh (₹553.60 crore)
  • Profit before tax: ₹21,461 lakh (₹214.61 crore)
  • Tax expense: ₹5,342 lakh (₹53.42 crore)
  • Profit for the period: ₹16,119 lakh (₹161.19 crore)
  • Earnings per share (basic and diluted): ₹3.32
  • Paid-up equity share capital: ₹48,610 lakh (face value ₹10 each)

Segment Revenue (Standalone):

  • Mining: ₹41,985 lakh
  • Ferroalloys: ₹11,601 lakh
  • Coke and energy: ₹4,805 lakh
  • Unallocable: ₹47 lakh

Segment Results (Standalone):

  • Mining: ₹20,971 lakh
  • Ferroalloys: ₹620 lakh
  • Coke and energy: ₹1,713 lakh

Consolidated Financial Results (Quarter ended 30 June 2026):

  • Revenue from operations: ₹1,37,478 lakh (₹1,374.78 crore)
  • Other income: ₹1,474 lakh (₹14.74 crore)
  • Total income: ₹1,38,952 lakh (₹1,389.52 crore)
  • Profit before tax and share of loss of associate: ₹28,107 lakh (₹281.07 crore)
  • Share of loss of associate: ₹105 lakh
  • Net profit after taxes: ₹22,785 lakh (₹227.85 crore)
  • Earnings per share (basic and diluted): ₹4.67

Dates of Action

  • Board meeting date: 6 August 2026 (commenced at 11:30 AM, concluded at 3:55 PM)
  • Financial results period: Quarter ended 30 June 2026

Parties Involved

  • The Sandur Manganese & Iron Ores Limited (Holding Company)
  • Deloitte Haskins & Sells (Auditors)
  • Royal Sandur Hospitality Private Limited (Proposed WOS)
  • Royal Sandur Academy Private Limited (Proposed WOS)
  • Deputy Conservator of Forest (DCF), State of Karnataka
  • Hon'ble High Court of Karnataka
  • Hon'ble Supreme Court of India

Subsidiary Incorporation Details

Royal Sandur Hospitality Private Limited:

  • Business: Hospitality including hotels, resorts, serviced apartments, restaurants
  • Capital subscription: 10,00,000 equity shares of ₹10 each aggregating ₹1,00,00,000
  • Shareholding: 100% by Sandur Manganese
  • Country of incorporation: India (yet to be incorporated)

Royal Sandur Academy Private Limited:

  • Business: Academy including coaching centres, sports academies, skill development, educational infrastructure
  • Capital subscription: 10,00,000 equity shares of ₹10 each aggregating ₹1,00,00,000
  • Shareholding: 100% by Sandur Manganese
  • Country of incorporation: India (yet to be incorporated)

Forest Lease Matter

  • Received revised demand notice from DCF on 4 June 2026 for compensatory afforestation charges amounting to ₹13,905 lakh (₹139.05 crore) and 714.9 hectare area of land
  • Demand relates to extension of validity of forest lease beyond December 2026
  • Hon'ble High Court of Karnataka dismissed Writ Petition on 30 April 2026
  • Special Leave Petition dismissed by Hon'ble Supreme Court on 21 May 2026
  • Review petition filed before Hon'ble High Court of Karnataka on 1 June 2026 (currently under scrutiny)
  • Company is taking necessary steps to comply with DCF communication

Exceptional Items Background

  • Labour Codes enacted on 21 November 2025 resulted in estimated increase in gratuity liability and compensated absences by ₹1,889 lakh for FY26 (standalone)
  • This amount was presented under "Exceptional items" for year ended 31 March 2026

Capital Structure Impact

  • During FY26, company issued 2 bonus shares for every 1 equity share held
  • Allotted 32,40,69,876 equity shares on 23 September 2025
  • Record date: 22 September 2025
  • Earnings per share for quarter ended 30 June 2025 has been restated accordingly