Manaksia Steels consolidated net profit rises 19.78% in the March 2021 quarter

Sales decline 6.14% to Rs 116.71 crore

Net profit of Manaksia Steels rose 19.78% to Rs 7.75 crore in the quarter ended March 2021 as against Rs 6.47 crore during the previous quarter ended March 2020. Sales declined 6.14% to Rs 116.71 crore in the quarter ended March 2021 as against Rs 124.34 crore during the previous quarter ended March 2020.

For the full year,net profit rose 208.60% to Rs 26.54 crore in the year ended March 2021 as against Rs 8.60 crore during the previous year ended March 2020. Sales declined 6.00% to Rs 504.19 crore in the year ended March 2021 as against Rs 536.39 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales116.71124.34 -6 504.19536.39 -6 OPM %10.748.33 -7.793.60 - PBDT13.5711.31 20 44.5519.91 124 PBT10.848.49 28 34.4110.53 227 NP7.756.47 20 26.548.60 209

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