Manaksia Steels Q3 FY24 Results

Manaksia Steels has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:

Revenue Analysis

• Current Quarter Revenue: Rs. 133.60 Cr
• Quarter-on-Quarter (QoQ) Change: -19.68% (Previous Quarter: Rs. 166.33 Cr )
• Year-on-Year (YoY) Change: -14.29% (Same Quarter Last Year: Rs. 155.88 Cr )

Profitability Metrics

• Net Profit: Rs. 4.81 Cr
• QoQ Profit Change: -46.04% (Previous Quarter: Rs. 8.92 Cr )
• YoY Profit Change: 69.47% (Same Quarter Last Year: Rs. 2.84 Cr )

Shareholder Returns

• Earnings Per Share (EPS): Rs. 0.73
• QoQ EPS Change: -46.32% (Previous Quarter: Rs. 1.36)
• YoY EPS Change: 69.77% (Same Quarter Last Year: Rs. 0.43)

Performance Summary

Mixed

Manaksia Steels had a complex financial situation. Different parts of the business are performing differently, showing a changing market.

This analysis provides a snapshot of Manaksia Steels's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.