Manaksia Steels standalone net profit declines 18.83% in the March 2018 quarter

Sales rise 41.12% to Rs 157.43 crore

Net profit of Manaksia Steels declined 18.83% to Rs 2.50 crore in the quarter ended March 2018 as against Rs 3.08 crore during the previous quarter ended March 2017. Sales rose 41.12% to Rs 157.43 crore in the quarter ended March 2018 as against Rs 111.56 crore during the previous quarter ended March 2017.

For the full year,net profit rose 82.28% to Rs 16.66 crore in the year ended March 2018 as against Rs 9.14 crore during the previous year ended March 2017. Sales rose 47.75% to Rs 493.50 crore in the year ended March 2018 as against Rs 334.01 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales157.43111.56 41 493.50334.01 48 OPM %4.657.47 -6.997.49 - PBDT5.956.73 -12 33.0722.14 49 PBT4.464.85 -8 26.5514.55 82 NP2.503.08 -19 16.669.14 82

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