Sandur Manganese Q2 Profit Soars 87% | Management On FY27 Growth & Expansion Plans | ET Now
ET Now · 11 Nov 2026 · 6 min
Management interview of Sandur Manganese & Iron Ores Ltd (SANDUMA), with 6 key numbers discussed.
- Bahirji Ghorpade, MD, Sandur Manganese
Sandur Manganese reported strong performance in Q2 FY27 across iron ore, manganese ore, and alloy steel verticals, achieving maximum permissible mining production limits. Realizations and prices for iron and manganese ore are expected to remain stable, sustaining growth and margins. In steel, the company is expanding its Punjab green steel capacity from 1 lakh tonnes to 1.7 lakh tonnes per annum. In mining, it is deploying Rs 280 cr capex for an in-mine beneficiation plant in Karnataka with 1.2 million tonnes pellet-grade concentrate output, alongside a 1 million tonne downhill pipe conveyor awaiting final approval. Management expects FY27 revenue to exceed FY26 levels.