Manaksia Aluminium reports net loss of INR 12.4 million for the year ended 3lst March, 2018

Manaksia Aluminium Company Limited has released the financial results of for the year ended 3lst March, 2018.

March quarter net loss stood at INR 5.9 million rupees in comparison with the total profit of INR 5.8 million a year ago. March quarter revenue from operations stood at INR 473.4 million in comparison with INR 648.4 million a year ago.

Net loss for the year ended 3lst March, 2018 stood at 12.4 million in comparison with a total profit of INR 53.5 million a year ago. Revenue for the full year stood at INR 2301.8 million in comparison with INR 2438.5 million a year ago.

Manaksia Aluminium Company Limited is a vertical of India based Manaksia Group that produces rolled aluminium products and secondary aluminium alloy. Manaksia is one of the leading producers of Aluminium flat rolled products. 

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