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Manaksia Coated Metals saw net profit surge 491% in Q2 FY26, fueled by strong exports and cost control.
Manaksia Coated Metals & Industries reported a 491% year-on-year surge in net profit to ₹13.96 crore in Q2 FY26, driven by higher exports, increased sales of value-added products, and improved cost control.
Total income rose 26.66% to ₹223.68 crore, with exports accounting for 85.06% of sales—an all-time high—and export revenue up 151% in the quarter.
The company reduced debt by 27% since March 2025, improved its debt-to-equity ratio, and received an upgraded credit rating.
Expansion projects, including a new coating line and solar plant, are underway.
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Manaksia Coated Metals registró un aumento de la ganancia neta del 491% en el segundo trimestre del año fiscal 26, impulsado por fuertes exportaciones y control de costos.