Manaksia Steels Limited reported a 172.90% year-over-year increase in Q1 consolidated net profit, reaching Rs 634.71 lacs. The company approved a capacity expansion plan, adding a second Colour Coating Line at its Haldia facility, increasing capacity from 48,000 MT to 138,000 MT annually. The Rs 40 crore project will be funded through internal accruals. Key corporate decisions include scheduling the 24th AGM, re-appointing Mrs. Nidhi Baheti as an Independent Director, appointing new Secretarial Auditors, and adopting a new company logo. Manaksia also commissioned a new Aluzinc Coated Steel Line on June 10, 2025.