Sandur Manganese рдХреЗ Q2 Results, рдЖрдп, рдореБрдирд╛рдлрд╛ рдФрд░ Capex Plan рдкрд░ MD Bahirji A Ghorpade рдХрд╛ Outlook
ET Now Swadesh ┬╖ 11 Nov 2026 ┬╖ 6 min
Management interview of Sandur Manganese & Iron Ores Ltd (SANDUMA), with 3 key numbers discussed.
- Bahirji A Ghorpade, MD, Sandur Manganese & Iron Ores
Sandur Manganese expects strong performance in Q3 and Q4 FY27, with manganese ore realizations sustaining after a strong Q2. Iron ore prices and domestic steel demand remain stable. In its steel segment, the Punjab green-steel plant's specialty steel capacity is being raised from 1 lakh tonnes to 1.7 lakh tonnes per annum via debt and equity funding. In mining, the company is investing Rs 280 cr in an in-mine beneficiation plant to produce pellet-grade concentrate and has completed work on a downhill conveyor project awaiting final approval. Management expects H2 revenue to mirror H1 and beat FY26.