Manaksia Industries
By
Ruma Dubey
about 8 years ago
Manaksia Industries disappointed with its Q4FY17 performance. Though its consoldiated net sales for the quarter rose 79% (YoY) at Rs.61 crore, its net profit dipped 57% at Rs.6 crore.
This was mainly on account of the 68% increase in total expenses, increase in tax outgo.
The company ended FY17 with a decent 47% rise in net profit at Rs.28 crore. Equity stands at Rs.6.55 crore and EPS for the fiscal is at Rs.4.26 (Re.1 FV). The reserves is pretty healthy at Rs.204 crore.
1.69 (+0.08)