Manaksia Aluminium Company reports 33% increase in sales in June quarter 2019

Manaksia Aluminium Company reported an 11.11 per cent increase in net profit in the quarter ended June 2019. Net profit increased from INR 0.45 crore in the quarter ended June 2018 to INR 0.50 crore in the quarter ended June 2019. Manaksia is one of the leading producers of aluminium flat products in India.

Sales of Manaksia Aluminium Company increased 33.08 per cent to INR 80.82 crore in the quarter ended June 2019 as against INR 60.73 crore during the quarter ended June 2018.

Manaksia has an annual production capacity of 30,000 tonnes per year. The company’s major products include aluminium coils, aluminium plain sheets, aluminium roofing sheets, aluminium pre-painted/color coated coils, aluminium flooring sheets (5 Bar & Diamond pattern) etc.

Manaksia has one of the largest aluminium rolling mill in Haldia, West Bengal. The company also produces aluminium special alloy ingot out of virgin metal. The facility is equipped with state of art converting equipments to ensure strict control on processing and testing lines for obtaining a product of an internationally acceptable quality.

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