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11 AUGUST 2020 AL CIRCLE

Maan Aluminium reports 63.26% drop in net sales in the June quarter 2020

EDITED BY : HEENA IQBAL 1MINS READ

Maan Aluminium reported net sales of INR 49.93 crore in the June quarter 2020. That was down 63.26% year on year from INR 135.91 crore in June 2019.

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Net profit declined by 29.39% to stand at INR 1.61 crore in June quarter 2020. The company had reported net profit of INR 2.28 crore in June quarter 2019. EBITDA stood at INR 3.65 crore in June 2020, a drop of 32.78% from INR 5.43 crore in June 2019.

Maan Aluminium EPS has decreased to INR 2.38 in June 2020 from INR 3.37 in June 2019.

Maan Aluminium Limited is an India-based company. The company is engaged in the business of manufacturing of aluminium profiles and other related activities.

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The Company has a manufacturing facility located at Pithampur Industrial Area, Pithampur, Dhar District, Madhya Pradesh.


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EDITED BY : HEENA IQBAL 1MINS READ

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