Ashapura Minechem Ltd
Ashapura Minechem Q3 FY26 Results: Steady Growth & Operational Improvements 📊
• Q3 FY2025-26 income from operations: Rs. 960.43 crores (0.8% QoQ growth)
• Nine-month FY2025-26 income from operations: Rs. 3,268.50 crores (49.7% YoY growth)
• Q3 profit before tax and exceptional items: Rs. 89.31 crores (10.0% QoQ increase)
• Nine-month profit before tax and exceptional items: Rs. 302.27 crores (37.3% YoY increase)
• Guinea business EBITDA per metric ton increased to $10.5 from $8.9 in Q3
• India businesses experienced moderated profitability in Q3 due to rising input costs and changes in sales mix
• Iron Ore business remains in trial phase with small volumes; more clarity expected next quarter