Manaksia Aluminium Company Limited reported a net profit of ₹2.85 crore for the quarter ended June 30, 2026, rising 83% year-on-year from ₹1.56 crore in Q1FY26. The improvement was driven by a 4% increase in revenue from operations to ₹1,395.90 crore, alongside a significant reduction in the cost of materials consumed, which fell to ₹1,009.62 crore from ₹1,133.64 crore in the corresponding period last year. This operational efficiency helped expand the profit before tax margin to 2.8%, up from 1.5% in Q1FY26.

The Board of Directors approved the unaudited financial results on August 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Dangi Jain & Co., Chartered Accountants, the statutory auditors, issued an unmodified review report on the financial statements prepared in accordance with Ind AS 34. The results were reviewed by the Audit Committee before board approval.

Financial Performance Highlights

Revenue from operations increased by ₹51.76 lakh compared to the previous year’s quarter. Other income also saw a substantial rise, jumping to ₹4.46 lakh from ₹1.59 lakh in Q1FY26. Total expenses stood at ₹1,360.91 lakh, slightly lower than the ₹1,325.27 lakh recorded in Q1FY26, despite higher finance costs of ₹72.90 lakh compared to ₹70.60 lakh last year.

Dividend and Corporate Actions

The Board proposed a final dividend of Re. 0.05 (5%) per equity share of Re. 1 face value for the financial year 2025-26. This proposal is subject to shareholder approval at the 16th Annual General Meeting (AGM), scheduled for September 22, 2026, via Video Conferencing or other audio-visual means. The record date for both voting rights and dividend entitlement is fixed for September 15, 2026.

Additionally, the Board recommended the re-appointment of Sunil Kumar Agrawal as Managing Director for a three-year term commencing November 23, 2026, pending shareholder consent. Agrawal, who has been with the company since November 2014, brings extensive experience in business management and factory administration.

What the Numbers Show

A key analytical observation is the divergence between revenue growth and material cost trends. While revenue grew by nearly 4%, the cost of materials consumed declined by over 10%. This suggests improved input cost management or a favorable shift in product mix, contributing significantly to the 93% surge in pre-tax profits. However, investors should note the emphasis of matter in the auditor’s report regarding GST assessment orders. The company faces a demand of ₹38.80 crore plus penalties under Section 73(9) of the CGST Act, 2017. Management believes no material liability exists based on favorable precedents from the Kerala and Uttarakhand High Courts, but this remains a contingent risk until resolved.

The company has incorporated two new entities, Manaksia Aluminium Inc. in Delaware and Metal Star Ceiling Panel FZE in the UAE, but consolidated financials are not being prepared as share application money has not yet been deposited.

Manaksia Aluminium Company Limited published newspaper advertisements on May 15, 2026, in all editions of Business Standard (English) and Ek Din (Bengali), informing shareholders of a special window for re-lodgement of physical share transfer requests. The notice was filed pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was submitted to both BSE Limited and the National Stock Exchange of India Limited on the same date.

Special Window for Re-lodgement of Physical Share Transfers

The Securities and Exchange Board of India, vide its Circular No. HO/38/13/11/2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, has facilitated a mechanism for a "Special Window for Transfer and Dematerialisation of Physical Securities." This window is available to holders of physical shares that were sold or purchased prior to April 1, 2019, including those that were previously lodged for transfer with the company or its Registrar and Transfer Agent (RTA) before the discontinuation of physical mode of transfer on April 01, 2019, and were subsequently rejected or returned due to document deficiencies.

The key parameters of the special window are outlined below:

Eligibility Conditions and Restrictions

To avail of the special window, claimants must hold the original security certificate. Additionally, the shares in question must not have been transferred to the Investor Education and Protection Fund Authority for any reason. Once transferred, the securities will be mandatorily credited to the transferee only in demat mode and will be placed under a lock-in for a period of one year from the date of registration of transfer. During this lock-in period, such securities shall not be transferred, lien-marked, or pledged.

Contact Details for Further Information

Shareholders seeking further details may contact the Company Secretary of Manaksia Aluminium Company or the company's Registrar and Transfer Agent:

A copy of the SEBI Circular is also available on the company's website at www.manaksialuminium.com . The advertisement was signed by Abhishek Chakraborty, Company Secretary & Compliance Officer (M. No.: A60134), from Kolkata, dated May 15, 2026.