Manaksia Steels Limited — Important, 29-07-2025: General Updates

Manaksia Steels reported strong Q1 FY26 consolidated results: Total Income ₹220.00 Cr (+30.19% YoY), EBITDA ₹13.26 Cr (+91.95% YoY), and PAT ₹6.49 Cr (+297.99% YoY). Sales volume jumped 32% YoY, supported by significant production growth in galvanised (+25%) and pre-painted (+81%) coils. The new Aluzinc-Coated Steel Line was commissioned in Q1. A ₹40 Cr investment for a second Colour-Coating Line, increasing capacity by 200%, has been approved, funded internally. Nigerian subsidiary sales rose 85% YoY, reflecting improved Naira stability.