Manaksia Coated Metals & Industries standalone net profit rises 24.55% in the March 2019 quarter

Sales decline 6.17% to Rs 57.74 crore

Net profit of Manaksia Coated Metals & Industries rose 24.55% to Rs 2.74 crore in the quarter ended March 2019 as against Rs 2.20 crore during the previous quarter ended March 2018. Sales declined 6.17% to Rs 57.74 crore in the quarter ended March 2019 as against Rs 61.54 crore during the previous quarter ended March 2018.

For the full year,net profit declined 90.29% to Rs 0.27 crore in the year ended March 2019 as against Rs 2.78 crore during the previous year ended March 2018. Sales rose 9.40% to Rs 251.04 crore in the year ended March 2019 as against Rs 229.46 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales57.7461.54 -6 251.04229.46 9 OPM %13.929.77 -9.136.70 - PBDT6.135.43 13 12.6012.56 0 PBT3.883.53 10 2.804.83 -42 NP2.742.20 25 0.272.78 -90

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