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Manaksia Coated Metals & Industries Ltd Q1FY24; 82% fall in Profits

Manaksia Coated Metals & Industries Ltd. is engaged in manufacturing value-added secondary metal products like Galvanised Corrugated Sheets, Galvanised Plain Sheets and Colour Coated Sheets. It also manufactures Mosquito Repellent Coils.

Financial Results:

Manaksia Coated Metals & Industries Ltd reported Revenues for Q1FY24 of ₹171.70 Crores up from ₹139.34 Crore year on year, a rise of 23.22%.

Total Expenses for Q1FY24 of ₹175.31 Crores up from ₹139.87 Crores year on year, a rise of 25.34%.

Consolidated Net Profit of ₹0.12 Crores down 82.09% from ₹0.67 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.02, down 80.00% from ₹0.10 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.

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