The sales surged to Rs. 1949.10 millions, up 27.95% for the December 2018 quarter as against Rs. 1523.30 millions during the corresponding quarter previous year.The Profit  for the quarter ended December 2018 of  Rs. 361.90  millions  grew by 76.28% from Rs. 205.30 millions.Operating profit for the quarter ended December 2018 rose to 590.00 millions as compared to 364.00 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1949.10 1523.30 27.95 5667.00 4249.50 33.36 6124.00 4337.10 41.20 Other Income 32.60 32.60 0.00 79.20 91.30 -13.25 111.00 85.60 29.67 PBIDT 590.00 364.00 62.09 2042.40 1120.40 82.29 1769.00 995.10 77.77 Interest 12.80 28.30 -54.77 42.90 36.70 16.89 49.50 72.50 -31.72 PBDT 577.20 335.70 71.94 1999.50 1083.70 84.51 1719.50 922.60 86.38 Depreciation 21.30 19.40 9.79 57.50 54.00 6.48 74.30 70.50 5.39 PBT 555.90 316.30 75.75 1942.00 1029.70 88.60 1645.20 852.10 93.08 TAX 194.00 111.00 74.77 714.00 358.00 99.44 580.00 295.00 96.61 Deferred Tax 60.20 6.80 785.29 27.80 19.00 46.32 38.00 -27.00 -240.74 PAT 361.90 205.30 76.28 1228.00 671.70 82.82 1065.20 557.10 91.20 Equity 87.50 87.50 0.00 87.50 87.50 0.00 87.50 87.50 0.00 PBIDTM(%) 30.27 23.90 26.68 36.04 26.37 36.69 28.89 22.94 25.90

Sandur Manganese & Iron Ores is currently trading at Rs. 1229.00, up by 28.65 points or 2.39% from its previous closing of Rs. 1200.35 on the BSE.The scrip opened at Rs. 1195.00 and has touched a high and low of Rs. 1229.00 and Rs. 1171.00 respectively. So far 861 shares were traded on the counter.The BSE group `X` stock of face value Rs. 10 has touched a 52 week high of Rs. 1469.50 on 16-Jan-2018 and a 52 week low of Rs. 541.40 on 25-May-2017.Last one week high and low of the scrip stood at Rs. 1294.50 and Rs. 1105.05 respectively. The current market cap of the company is Rs. 1064.88 crore.The promoters holding in the company stood at 72.43%, while Institutions and Non-Institutions held 2.25% and 25.32% respectively.Sandur Manganese & Iron Ores has received ISO Certificates issued by Indian Register Quality Systems (IRQS) certifying that the company`s Quality Management Systems are in conformity with the ISO 9001:2015 Standards, Environment Management Systems are in conformity with the ISO 14001:2015 Standards and Occupational Health & Safety Management Systems are in conformity with the OHSAS 18001:2007 Standards.Sandur Manganese & Iron Ores is engaged in mining manganese and iron ores in Deogiri village of Sandur taluk, Bellary District, Karnataka.

Sandur Manganese & Iron Ores is currently trading at Rs. 1255.00, up by 0.25 points or 0.02% from its previous closing of Rs. 1254.75 on the BSE.The scrip opened at Rs. 1255.05 and has touched a high and low of Rs. 1280.00 and Rs. 1245.00 respectively. So far 5469 shares were traded on the counter.The BSE group `X` stock of face value Rs. 10 has touched a 52 week high of Rs. 1469.50 on 16-Jan-2018 and a 52 week low of Rs. 541.40 on 25-May-2017.Last one week high and low of the scrip stood at Rs. 1379.00 and Rs. 1,235.00 respectively. The current market cap of the company is Rs. 1093.75 crore.The promoters holding in the company stood at 72.43%, while Institutions and Non-Institutions held 2.25% and 25.32% respectively.Sandur Manganese & Iron Ores has received an approval for Scheme of Amalgamation of its subsidiary, Star Metallics and Power with itself. The Board of Directors of the company at its meeting held on February 14, 2018, approved the same.Sandur Manganese & Iron Ores is engaged in mining manganese and iron ores in Deogiri village of Sandur taluk, Bellary District, Karnataka.

Sandur Manganese & Iron Ores has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 08, 2016 to September 14, 2016 for the purpose of Payment of Dividend & 62nd Annual General Meeting (AGM) of the Company to be held on September 14, 2016.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed that the Central Empowered Committee (CEC), constituted by the Hon’ble Supreme Court of India has vide letter dated June 27, 2016 (received on June 30, 2016) communicated its approval for enhancement of Company’s Manganese Ore production limit to 0.254 Million Tonnes Per Annum (MTPA) which was hitherto reduced from 0.55 MTPA to 0.18 MTPA as intimated to the Exchange on January 24, 2013.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed that the Hon’ble High Court of Karnataka has vide Order dated December 03, 2015 quashed the levy of Forest Development Tax (FDT) by the Government of Karnataka on mining lease holders. The State Government, pursuant to Notification dated August 16, 2008 had amended the provisions of Section 98(A) of the Karnataka Forest Act, 1963 for levying FDT on the sale of ores by the mining lease holders with effect from August 27, 2008. The said matter was contested by the Company and other mining lease holders before the Hon’ble High Court of Karnataka wherein the Hon’ble High Court of Karnataka at Bangalore has pronounced the Judgment to the effect that the levy FDT shall be applicable only to State Government owned entities and not others. The operative portion/summary of the Judgment was pronounced in Open Court and a copy of the Order is awaited.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed about the details of voting results at the 61st Annual General Meeting (AGM) of the Company held on September 19, 2015, under Clause 35A.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 14, 2015 to September 19, 2015 for the purpose of Payment of Dividend & 61st Annual General Meeting (AGM) of the Company to be held on September 19, 2015.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed that S. R. Sridhar, Executive Director (Mines) has submitted his resignation from his position as Director of the Company with effect from September 05, 2015, S. H. Mohan, Executive Director (Projects) has submitted resignation from his position as Director of the Company with effect from September 07, 2015 and the Board of Directors of the Company has taken note of both the resignations at its meeting held on July 11, 2015 and advised them to continue till the ensuing Annual General Meeting of the Company scheduled to be held on September 19, 2015.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed about formulation and adoption of Codes under SEBI (Prohibition of Insider Trading) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has submitted the disclosures under Reg.13 (6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.

Sandur Manganese & Iron Ores has informed that the members of the Company have passed the resolutions, by way of Postal Ballot.The above information is a part of company’s filings submitted to BSE.