Maan Aluminium Q4 Results: Revenue Up, Profits Down Amid Margin Pressure
Maan Aluminium Ltd's Q4 financial results show a 3.8% increase in revenue to ₹2.46 billion, but a 45.9% decrease in net profit to ₹39.40 million compared to the same period last year. EBITDA declined by 17% to ₹77.00 million, with the EBITDA margin contracting to 3.13% from 3.90%. The company faces profitability challenges despite revenue growth, indicating potential cost pressures or a competitive pricing environment.
06Mar 25
Maan Aluminium Acquires Building and Leasehold Land for 87.5 Million Rupees
Maan Aluminium Limited has acquired a property in Devas Industrial Area, Madhya Pradesh, for ₹87.5 million. The acquisition includes a building with leasehold land spanning approximately 13,117 square meters. This move is part of the company's strategy to expand its aluminium extrusion business and enhance its manufacturing capabilities.