Manaksia Steels Reports 184% YoY Total Sales Volume Growth in Q2 FY 26

Manaksia Steels Limited has reported a resilient performance in Q2 FY 26, with a 184% YoY increase in total sales volume. The production of Galvanised Coil and Sheet grew by 56% YoY, while Pre-Painted Coil and Sheet production increased by 150% YoY. The newly commissioned Aluzinc-Coated Steel Line reached around 75% capacity utilisation, contributing significantly to volumes and profitability. The company's Nigerian subsidiary, Federated Steel Mills Ltd., delivered over 150% year-on-year revenue growth with improved profitability. Manaksia Steels Limited is optimistic about the demand outlook and focused on driving scale, efficiency, and financial discipline.