Manaksia Coated Metals & Industries has been recognized as a Three Star Export House by the Ministry of Commerce & Industry, Government of India and accordingly a Three Star Export House Recognition Certificate has been issued to the Company in accordance with the provisions of the Foreign Trade Policy, 2023 by upgrading its Two Star Export House status. The certificate shall be valid for a period of five years. This will facilitate the Company to expand its product portfolio in the Foreign market.Powered by Capital Market - Live News

Net profit of Manaksia Coated Metals & Industries declined 34.63% to Rs 5.06 crore in the quarter ended March 2024 as against Rs 7.74 crore during the previous quarter ended March 2023. Sales declined 2.30% to Rs 182.56 crore in the quarter ended March 2024 as against Rs 186.85 crore during the previous quarter ended March 2023.For the full year,net profit rose 20.09% to Rs 11.24 crore in the year ended March 2024 as against Rs 9.36 crore during the previous year ended March 2023. Sales rose 13.47% to Rs 739.65 crore in the year ended March 2024 as against Rs 651.84 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales182.56186.85 -2 739.65651.84 13 OPM %8.244.85 -6.815.00 - PBDT9.156.74 36 24.1216.28 48 PBT6.864.46 54 14.917.10 110 NP5.067.74 -35 11.249.36 20 Powered by Capital Market - Live News

Manaksia Coated Metals & Industries announced that the Board of Directors of the Company at its meeting held on 10 May 2024, has recommended a Final dividend of Rs.0.05 per share (i.e.5%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Manaksia Coated Metals & Industries will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News

Net profit of Manaksia Coated Metals & Industries rose 1828.57% to Rs 4.05 crore in the quarter ended December 2023 as against Rs 0.21 crore during the previous quarter ended December 2022. Sales rose 7.88% to Rs 190.86 crore in the quarter ended December 2023 as against Rs 176.92 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales190.86176.92 8 OPM %5.675.04 - PBDT7.742.59 199 PBT5.430.29 1772 NP4.050.21 1829 Powered by Capital Market - Live News