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Manaksia Steels consolidated net profit rises 161.13% in the December 2020 quarter

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Capital Market

Sales decline 33.97% to Rs 112.44 crore

Net profit of Manaksia Steels rose 161.13% to Rs 6.92 crore in the quarter ended December 2020 as against Rs 2.65 crore during the previous quarter ended December 2019. Sales declined 33.97% to Rs 112.44 crore in the quarter ended December 2020 as against Rs 170.28 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales112.44170.28 -34 OPM %8.703.38 -PBDT11.136.63 68 PBT8.604.08 111 NP6.922.65 161

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First Published: Feb 13 2021 | 8:08 AM IST

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