Manaksia Steels Reports Strong Financial Growth Amid Rising Interest Costs in March 2025

Manaksia Steels, a microcap player in the ferrous metals industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a notable shift in the company's evaluation, with the score moving to 0 from -8 over the past three months.
The financial data reveals several positive trends for Manaksia Steels. Profit Before Tax less Other Income (PBT) reached Rs 4.03 crore, reflecting a significant growth compared to the average of the previous four quarters. Similarly, Profit After Tax (PAT) stood at Rs 4.71 crore, marking a substantial increase over the prior average. Net sales also reached a five-quarter high at Rs 204.14 crore, showcasing a robust upward trend. Operating Profit (PBDIT) was recorded at Rs 8.95 crore, the highest in the last five quarters, further indicating a favorable operational performance. Additionally, Earnings per Share (EPS) hit Rs 0.72, signaling enhanced profitability for shareholders.

However, the financial results also highlight an increase in interest costs, which rose to Rs 3.40 crore, suggesting a rise in borrowings. This aspect may warrant attention as the company navigates its financial landscape.

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