Sandur Manganese & Iron Ores Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Sandur Manganese & Iron Ores Ltd reported a 240.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 476.8%.
- Its expenses for the quarter were up by 227.1% QoQ and 409.6% YoY.
- The net profit increased 327.8% QoQ and increased 1415.8% YoY.
- The earnings per share (EPS) of Sandur Manganese & Iron Ores Ltd stood at 8.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 971.76 | 285.40 | 168.46 | 240.5% | 476.8% |
Total Expenses | 791.34 | 241.95 | 155.30 | 227.1% | 409.6% |
Profit Before Tax | 180.42 | 43.45 | 13.16 | 315.2% | 1271.0% |
Tax | 41.80 | 11.11 | 3.35 | 276.2% | 1147.8% |
Profit After Tax | 137.48 | 32.14 | 9.07 | 327.8% | 1415.8% |
Earnings Per Share | 8.50 | 2.00 | 3.60 | 325.0% | 136.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sandur Manganese & Iron Ores Ltd is a company primarily involved in the extraction and processing of manganese and iron ores. These materials are essential for the production of steel, making the company a critical player within the mining and metals industry. As of the latest data, there are no specific details about any recent major developments or changes within the company's operational landscape. The company's core operations revolve around the mining sector, with a focus on producing high-quality ore outputs to meet the demand from steel manufacturers.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Sandur Manganese & Iron Ores Ltd reported a total income of ₹971.76 crores. This marks a significant increase from the previous quarter (Q2FY25), where the total income was ₹285.40 crores, representing a quarter-over-quarter (QoQ) growth of 240.5%. Year-over-year (YoY), the total income saw an even more pronounced rise of 476.8%, compared to ₹168.46 crores in Q3FY24. This substantial growth in revenue reflects a notable increase in the company's income generation, influenced by the higher demand or production capacity in the current fiscal period.
Profitability
The company's profitability metrics have shown robust growth in Q3FY25. The profit before tax was reported at ₹180.42 crores, significantly higher than the ₹43.45 crores recorded in Q2FY25, translating to a QoQ increase of 315.2%. In comparison to Q3FY24, where the profit before tax was ₹13.16 crores, the YoY increase amounts to an impressive 1271.0%. After accounting for taxes, the profit after tax stood at ₹137.48 crores for Q3FY25, up from ₹32.14 crores in the previous quarter, marking a QoQ increase of 327.8%, and a remarkable YoY growth of 1415.8% from ₹9.07 crores in Q3FY24. Earnings per share (EPS) also increased from ₹2.00 in Q2FY25 to ₹8.50 in Q3FY25, showing a 325.0% QoQ rise, and a YoY increase of 136.1% from ₹3.60 in Q3FY24.
Operating Metrics
Total expenses for Sandur Manganese & Iron Ores Ltd in Q3FY25 were reported at ₹791.34 crores, which is higher than the ₹241.95 crores in Q2FY25, indicating a QoQ rise of 227.1%. Compared to Q3FY24’s total expenses of ₹155.30 crores, the YoY increase stands at 409.6%. The tax expense for Q3FY25 was ₹41.80 crores, up from ₹11.11 crores in Q2FY25, resulting in a QoQ increase of 276.2%. Year-over-year, the tax expense rose by 1147.8% from ₹3.35 crores in Q3FY24. These figures reflect the company's expanding operational scale and the financial impact of increased activity within the fiscal period under review.
