Quarterly Result29 Jul 2025, 06:54 pm
Manaksia Steels Q1 FY26 Performance: 129.45% YoY Increase in PBT, New Aluzinc-Coated Steel Line Commissioned
AI Summary
Manaksia Steels Limited has reported a strong Q1 FY26 performance, with a 91.95% YoY increase in consolidated EBITDA and a 129.45% YoY rise in consolidated Profit before Tax. The company has also commissioned a new Aluzinc-Coated Steel Line and announced a further investment of ₹ 40 crore for a second Colour-Coating Line at Haldia. The Nigerian subsidiary, Federated Steel Mills Ltd., has reported 85% year-on-year sales growth.
Key Highlights
- Consolidated EBITDA stood at ₹ 13.26 Cr., making a 91.95% YoY increase
- Consolidated Profit before Tax rose by 129.45 % YoY to ₹ 8.62 Cr.
- Consolidated Profit after Tax grew by 297.99 % YoY to ₹ 6.49 Cr.
- Commissioned a new Aluzinc-Coated Steel Line
- Announced a further investment of ₹ 40 crore for a second Colour-Coating Line at Haldia
- Nigerian subsidiary, Federated Steel Mills Ltd., reported 85% year-on-year sales growth