Sandur Manganese & Iron Ores ‘s Q3 2024-25 Latest News: Profit Grows by 1415.77% YoY

Today, we’re looking at Sandur Manganese & Iron Ores Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 522.06 %. However, it did see a marginal increase of 265.75 % from the previous quarter. Expenses ticked up slightly by 219.76 % quarter-on-quarter, aligning with the annual rise of 421.47 %. Operating profit, while up 1363.46 % compared to last year, faced a quarter-on-quarter increase of 540.24 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 14.44 %, but an expansion of 10.77 % sequentially. Other income fell by -20.91 % compared to the last quarter, despite an annual growth of 28.82 %. Interest expenses surged remarkably by 765.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 762.29 %. Depreciation costs climbed by 165.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 163.39 %. Profit before tax grew annually by 1343.48 % but saw an increase from the preceding quarter by 314.52 %.
Tax expenses as a percentage of profits decreased slightly by -2.29 % compared to last year, with a more notable quarter-on-quarter decrease of -2.4 %. Net profit rose by 1415.77 % year-on-year but experienced a 327.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1414.29 % but a quarterly rise of 328.28 %. In summary, Sandur Manganese & Iron Ores Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Sandur Manganese & Iron Ores Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 522.06 % year-on-year growth, however, there was a minor increase of 265.75 % from the previous quarter. Expenses rose by 421.47 % compared to the previous year, with a 219.76 % increase quarter-on-quarter. Operating Profit surged by 1363.46 % annually, and saw a 540.24 % increase from the last quarter.
Net Profit showed yearly increase of 1415.77 %, and experienced a 327.75 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1414.29 % annually, however rose by 328.28 % compared to the last quarter. In essence, while Sandur Manganese & Iron Ores Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.