Maan Aluminium Limited has secured overwhelming shareholder approval to expand its business into power generation, paving the way for the company to formally include renewable and conventional energy activities within its corporate objectives. Through a postal ballot conducted via remote e-voting,...
The downstream and end-user segments of the aluminium industry delivered a diverse mix of developments, ranging from corporate earnings and infrastructure-led demand growth to changing electric vehicle sales patterns and new manufacturing technologies. Aluminium processors benefited from stronger...
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Shares of MAAN Aluminium jumped 19 per cent to INR 296.60, surpassing the previous high of INR 258.55 on February 3 and reaching a 52-week high on the BSE in Tuesday's intra-day trade, following the company's announcement that its board of directors would meet to consider the bonus issue and stock...
On Tuesday, May 30, MAAN Aluminium, one of the pioneers in the aluminium extrusion industry in India, announced its financial results for the March quarter of 2023, whereby it reported net sales of INR 262.87 crore, up by 38.63 per cent quarter-on-quarter from INR 189.62 crore . On a year-on-year...
Novelis Inc. posted its third-quarter financial 2023 results. According to the data, net income attributable to its common shareholders decreased from the prior year by 95% to $12 million, principally because adjusted EBITDA was lower, and there was a negative metal price lag caused by the current...
MAAN Aluminium, an India-based aluminium products manufacturer and seller, announced its third quarter results that ended December 31, FY2023, reporting net sales of INR 189.62 crore versus INR 188.20 crore in the September quarter. The data indicated the company’s Q3 net sales improved marginally...
Aluminium and its usage have been evolving every moment. NIST researchers created an aluminium formate (ALF) metal-organic framework (MOF), which can identify carbon dioxide (CO2) from other compounds that exit coal-fired power stations' smokestacks. This shows that the industry is keen on moving...
On Monday, November 7, Maan Aluminium Limited announced its second quarter and H1 results of the financial year 2022-23 ended September 30, whereby it declared its revenue from operations closing at INR 1.88 billion compared to INR 1.73 billion in Q1 FY23 and INR 1.58 million in Q2 FY22. That...
On Monday, August 8, Maan Aluminium, an aluminium extruded product manufacturing company, has reported a financial result for the second quarter of 2022 ended June 30, revealing year-on-year increase of 43.46 per cent in net sales to INR 173.16 crore versus INR 120.70 crore. On a quarter-on-quarter...
Maan Aluminium, a downstream aluminium producer in India, has announced its net sales of INR 129 crore for the March quarter of 2022, down by 21.55 per cent from INR 164.44 crore in the December quarter and 20.99 per cent lower than INR 163.27 crore during the same period last year. But despite the...
Maan Aluminium has presented the financial results of the first quarter of FY2022 ended on June 30, revealing a year-on-year increase of 222.98 per cent in net profit to INR 5.20 crore. In the June quarter of FY21, the company’s net profit stood at INR 1.61 crore. On a quarter-on-quarter basis,...
Maan Aluminium reported sales of INR 163.27 crore in the March quarter 2021, up 65.74% from INR 98.51 crore during the previous quarter ended March 2020. Net profit jumped by 533.73% to stand at INR 5.26 crore in March quarter 2021. The company had reported net profit of INR 0.83 crore in March...
On February 15, 2021, Maan Aluminium has reported net sales/income from operations at INR 96.53 crore for the December quarter in 2020. This is up by 3.63 per cent quarter-on-quarter from 93.15 crore but down by 23.45 per cent year-on-year from INR 126.10 crore. Net profit during the same quarter...
India-based aluminium extrusion producing company MAAN Aluminium has reported the financial results of the September quarter 2020 revealing that its net profit increased by 7.01 per cent year-on-year from INR 3.14 crore to INR 3.36 crore, despite the decline in sales by 43.09 per cent to INR 93.15...
Maan Aluminium has been conferred the Two Star Export House by the Directorate General of Foreign Trade, Ministry of Commerce and Industry in accordance with the provision of Foreign Trade Policy, 2015-20. “Two Star Export House Recognition Certificate has been issued on September 10, 2020, which...
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. 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...
India’s Maan Aluminium net profit declined 61.40% to INR 0.83 crore in the quarter ended March’20, as against INR 2.15 crore during the previous quarter ended March’19. The company is one of the pioneers in the Aluminium extrusion industry in India. The aluminium company’s facility is based in...
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...
Indian aluminium industry has been known primarily because of the three major primary producers Nalco, Hindalco and Vedanta. The semi-finished sector is dominated by the SME sector. The major chunk of India’s aluminium consumption is driven by power sector and building and construction sector. This...
Maan Aluminium has informed that a meeting of the Board of Directors of the company will be held on February 13, 2016, to consider and approve Un-Audited Financial Results of the company for the quarter and nine months ended December 31, 2015 along with the limited review report of the auditors for...
