Manaksia Steels Declares Q1 FY27 Unaudited Financial Results
Manaksia Steels Ltd. announced its un-audited financial results for the first quarter of FY27 (ended June 30, 2026). The company reported robust growth across key financial parameters. Total Income saw a significant year-on-year increase of 50% to ₹305.88 crore on a standalone basis. EBITDA grew by 189.70% to ₹36.33 crore, and Profit After Tax (PAT) surged by 252.59% to ₹22.38 crore. The company highlighted strong performance in its value-added coated steel products and international operations, with its Nigerian subsidiary recording approximately 50% year-on-year revenue growth. Capacity utilization for the Aluzinc-Coated Steel Line was around 90%, and the Colour-Coating Line operated at full capacity.
Key Highlights
- Company declared un-audited financial results for Q1 FY27.
- Total Income increased by 50% YoY to ₹305.88 Cr (standalone).
- PAT grew by 253% YoY to ₹22.38 Cr (standalone).
- Value-added coated steel product sales increased by approximately 40%.
- Nigerian subsidiary reported ~50% YoY revenue growth.
Price Impact
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