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- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
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Manaksia Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended 31st December 2024. The company reported total income of ₹308 crore, and a loss before tax of ₹2 crore. Operating losses have been attributed to significant exchange losses impacting consolidated results, notably from Nigerian subsidiaries. This development may invoke a cautious sentiment among investors, with concerns surrounding currency risks, but could also highlight potential operational shifts aimed at addressing these challenges, fostering a positive outlook for long-term recovery.