Maan Aluminium Ltd has posted solid financial results for the March quarter, reflecting steady revenue growth and profitability. The company’s total revenue from operations reached ₹2.46 billion, while its net profit stood at ₹39.4 million, reinforcing its strong presence in the aluminium sector.
Key Financial Highlights:
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Revenue Growth: Maan Aluminium posted ₹2.46 billion in consolidated revenue from operations, showcasing consistent business expansion.
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Profitability: The company recorded a net profit of ₹39.4 million, demonstrating financial stability.
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Stock Performance: Shares of Maan Aluminium surged 20%, hitting an upper circuit after receiving a zero anti-dumping duty for aluminium extrusions exported to the US.
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Industry Outlook: The aluminium sector continues to benefit from infrastructure projects, including construction, automotive, and defense applications.
Strategic Outlook:
Maan Aluminium is strengthening its domestic and international order book, leveraging favorable trade policies and growing demand. The company remains focused on expanding production capacity and enhancing operational efficiency to drive long-term growth.
Source: Economic Times, Business Standard, Moneycontrol.