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Manaksia Ltd consolidated sales down 5.88% on year in Q2FY2026, net profit soared by 113.44%
12-Aug-2026, 07:06
Manaksia Ltd share price gained 1.32% to Rs 58.94 after the company's net profit surged by 113.44% to Rs 26.68 crore, while revenue from operations slipped slightly by 5.88% to Rs 222.76 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.22 lakh crore, easing 0.03%. It has softened by 0.55% over last one week and gained upto 4.52% in last one month while the market capitalization of Manaksia Ltd has marginally improved by 4.10% and 1.32% in the same period respectively. Profit before tax (PBT) of Manaksia Ltd stood at Rs 36.83 crore in Q2 FY26, jumping 70.51% year-on-year, and expanding by 186.17% quarter-on-quarter. EBITDA came in at Rs 6 crore, rallying 69.35% YoY and tanking 131.28% sequentially. Total expenses slightly declined by 5.80% to Rs 207.68 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 126.83 crore, softening by 6.16% YoY, while employee benefits expense was at Rs 9.78 crore, seeing a marginal contraction of 1.51% YoY. For the TTM ended FY26, revenue from operations grew marginally by 4.21% to Rs 731.05 crore, while net profit witnessed a sharp fall of 26.15% to Rs 58.12 crore, compared to previous TTM. EBITDA jumped by 2783% to Rs 0.16 crore, and PBT contracted 18.55% to Rs 84.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 275.22 crore in FY26, as against Rs 134.73 crore in FY25. Manaksia Ltd tumbled by 15.75% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.04% during the same period.