
Manaksia Aluminium Company Limited, a producer of aluminium rolled products in coil and sheet form, has reported an increase of 35.14 per cent in its total income in the fourth quarter of fiscal 2021 ended on March 31. From INR 66.70 crore in Q3, Manaksia’s total income in Q4 rose to INR 90.14 crore.

As a consequence, the company’s net profit grew 19.46 per cent quarter-on-quarter from INR 2.21 crore to INR 2.64 crore in 4Q2021. Earnings per Share (EPS) also increased by 17.65 per cent from INR 0.34 in Q4 ended on December 31, 2020, to INR 0.40 in Q4.
However, on a year-on-year comparison, Manaksia Aluminium reported a decrease of 3.09 per cent in total income in the entire financial year 2020-21. The income stood at INR 275.73 crore in FY21 compared to INR 284.51 crore in FY2019-20.
Net profit plunged by 154.11 per cent from INR 5.84 crore in FY20 to INR 3.16 crore in FY21. The company’s Earnings per Share stood at INR 0.48 in the entire year ended on March 31, 2021, compared to INR 0.89 in the previous year.
Shares of Manaksia Aluminium Company Ltd was last trading in BSE at INR 20 as compared to the previous close of INR 20.15. The total number of shares traded during the day was 33970 in over 177 trades.
The stock hit an intraday high of INR 20.9 and intraday low of 19.2. The net turnover during the day was INR 679776.
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