Quarterly Result28 Oct 2025, 05:51 pm
Manaksia Coated Metals & Industries Q2 FY26 Net Profit Surges by 491% YoY to =14 Cr
AI Summary
Manaksia Coated Metals & Industries Limited, a leading coated steel manufacturer and exporter, has reported its unaudited financials for Q2 & H1 FY26. The company's net profit for Q2 FY26 increased by 491% YoY to =14 Cr. Key highlights include a 26.66% YoY increase in revenue, a 112.95% YoY growth in EBITDA, and a 490.68% YoY increase in net profit. The company's galvanized steel production rose by 7.91% YoY and PPGI steel production increased by 18.21% YoY. Exports accounted for 85.06% of total sales, an all-time high. The company's focus on deleveraging and prudent financial management has resulted in the Debt-to-Equity ratio improving to 1.19x.
Key Highlights
- Q2 FY26 Net Profit Surges by 491% YoY to =14 Cr
- Revenue for Q2 FY26 grew by 26.66% YoY to =223.68 Cr
- EBITDA more than doubled, growing by 112.95% YoY to =29.45 Cr
- Exports accounted for 85.06% of total sales, an all-time high
- Debt-to-Equity ratio improved to 1.19x