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News Details

22/05/2026 17:40

Manaksia Steels Q4 net profit zooms 332.10% at Rs 18.71 cr

The company reported standalone net profit of Rs 18.71 crore for the quarter ended March 31, 2026 as compared to Rs 4.33 crore in the same period last year, registering a year-on-year growth of 332.10 per cent.

Net revenue of the company rose substantially by 63.09 per cent at Rs 310.08 crore in January-March quarter of this fiscal as against Rs 190.13 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 49.92 per cent to Rs 273.50 crore from Rs 182.43 crore in year ago period.

Other Income dipped by 316.47 per cent at Rs -1.84 crore versus (Mar'25 Rs 0.85 crore).

Operating Profit surged by 375.06 per cent to Rs 36.58 crore as against Rs 7.70 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 191.36 per cent in March quarter.

Interest grew by 104.59 per cent y-o-y to Rs 6.69 crore, while Taxation increased by 3168.18 per cent at Rs 6.75 crore (Mar'25 Rs -0.22 crore).