Manaksia Aluminium Company standalone net profit rises 33.67% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 18 2020 | 3:51 PM IST

Sales decline 11.62% to Rs 63.53 crore

Net profit of Manaksia Aluminium Company rose 33.67% to Rs 2.62 crore in the quarter ended March 2020 as against Rs 1.96 crore during the previous quarter ended March 2019. Sales declined 11.62% to Rs 63.53 crore in the quarter ended March 2020 as against Rs 71.88 crore during the previous quarter ended March 2019.

For the full year,net profit declined 20.33% to Rs 5.84 crore in the year ended March 2020 as against Rs 7.33 crore during the previous year ended March 2019. Sales rose 2.06% to Rs 281.30 crore in the year ended March 2020 as against Rs 275.61 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales63.5371.88 -12 281.30275.61 2 OPM %8.504.83 -7.085.82 - PBDT2.551.41 81 10.569.00 17 PBT1.190.18 561 5.124.03 27 NP2.621.96 34 5.847.33 -20

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 18 2020 | 3:37 PM IST

Next Story