Manaksia Steels consolidated net profit declines 83.94% in the June 2024 quarter

Net profit of Manaksia Steels declined 83.94% to Rs 1.63 crore in the quarter ended June 2024 as against Rs 10.15 crore during the previous quarter ended June 2023. Sales declined 24.31% to Rs 165.18 crore in the quarter ended June 2024 as against Rs 218.23 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	165.18	218.23	-24
OPM %	1.88	6.16	-
PBDT	5.23	16.06	-67
PBT	3.76	14.09	-73
NP	1.63	10.15	-84