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Manaksia Steels reports consolidated net profit of Rs 10.38 crore in the September 2020 quarter

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Capital Market

Sales rise 49.86% to Rs 167.36 crore

Net profit of Manaksia Steels reported to Rs 10.38 crore in the quarter ended September 2020 as against net loss of Rs 1.16 crore during the previous quarter ended September 2019. Sales rose 49.86% to Rs 167.36 crore in the quarter ended September 2020 as against Rs 111.68 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales167.36111.68 50 OPM %8.14-0.06 -PBDT15.55-0.91 LP PBT13.12-3.42 LP NP10.38-1.16 LP

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First Published: Nov 11 2020 | 8:48 AM IST

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