Manaksia Coated Metals & Industries Limited — Updates, 23-07-2025: Press Release
23-07-2025 | 01:21 pm
23-07-2025 | 01:21 pm
Manaksia Coated Metals & Industries reported strong Q1 financial results, with Net Profit soaring 370% to ₹14 Cr. Total income rose 30% to ₹253.94 Cr, and EBITDA jumped 93% to ₹28.62 Cr. Operational efficiency is high, with 100% utilization of the color coating line. The company has a robust order book of ₹450 Cr, signaling a strategic shift to a relationship-driven model. Future initiatives include a captive solar plant and a second coating line, enhancing product range and cost efficiency. A recent capital raise has strengthened the balance sheet.
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