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Manaksia Aluminium Company Ltd Q1FY24; 48% fall in Profits

Manaksia Aluminium Company Ltd is engaged in the manufacturing of value-added secondary aluminium products like Aluminium Rolled Sheets/Coils.

Financial Results:

Manaksia Aluminium Company Ltd reported Revenues for Q1FY24 of ₹91.47 Crores down from ₹120.97 Crore year on year, a fall of 24.39%.

Total Expenses for Q1FY24 of ₹90.18 Crores down from ₹118.46 Crores year on year, a fall of 23.87%.

Consolidated Net Profit of ₹1.10 Crores down 48.11% from ₹2.12 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.17, down 46.88% from ₹0.32 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Aluminum
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