Maan Aluminium reports 29.07% rise in total sales in the quarter ended June 2019
A local media report says Maan Aluminium has reported 29.07% rise in total sales to INR 135.91 crore in the quarter ended June 2019. This was against a sale of INR 105.30 crore during the quarter ended June 2018.The company is one of the key players in the aluminium extrusion industry in India and it now includes both trading and manufacturing operations.
Net profit of Maan Aluminium increased 0.88% to INR 2.28 crore in the quarter ended June 2019 as against INR 2.26 crore during the June quarter 2018.
Currently, it is one of the nation's largest manufacturers and exporters of Aluminium extruded products from central India. The company is exporting its products globally, and is accredited with One Star export house status.
Maan has an annual capacity of 9,000 metric tons under one roof with three hydraulic extrusion presses of 900, 1,200 and 1,450 tons. The facility also has an integrated Billet casting and Die manufacturing facility. The in-house foundry has two furnaces with a capacity of 5 and 10 metric tons respectively.
Maan also has two in-house anodizing plants to provide their customers with required surface finishes.
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