Manaksia Steels consolidated net profit declines 79.02% in the June 2019 quarter

Sales decline 30.48% to Rs 130.08 crore

Net profit of Manaksia Steels declined 79.02% to Rs 0.64 crore in the quarter ended June 2019 as against Rs 3.05 crore during the previous quarter ended June 2018. Sales declined 30.48% to Rs 130.08 crore in the quarter ended June 2019 as against Rs 187.10 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales130.08187.10 -30 OPM %2.513.06 -PBDT2.876.02 -52 PBT1.394.56 -70 NP0.643.05 -79

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