Manaksia Limited — Others, 30-05-2025: Copy of Newspaper Publication
30-05-2025 | 01:10 pm
30-05-2025 | 01:10 pm
Manaksia Limited has announced a board meeting to consider the financial results for the quarter and half-year. Consolidated total income from operations was ₹268.56 Cr for the quarter and ₹731.04 Cr for the year. EBITDA stood at ₹22.77 Cr for the quarter. Net profit after tax was ₹3.22 Cr for the quarter and ₹78.70 Cr for the year. Exceptional foreign exchange losses from Nigerian subsidiaries affected consolidated results. The board approved a demerger plan to transfer the metal products business into a wholly owned subsidiary, aiming to streamline operations and enhance focus.
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