Maan Aluminium’s profit jumps 533.73% to INR 5.26 crore in March quarter 2021

AL Circle

Maan Aluminium reported sales of INR 163.27 crore in the March quarter 2021, up 65.74% from INR 98.51 crore during the previous quarter ended March 2020. Net profit jumped by 533.73% to stand at INR 5.26 crore in March quarter 2021. The company had reported net profit of INR 0.83 crore in March quarter 2020.

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Maan Aluminium Limited is an India-based company. The company is engaged in the business of manufacturing of aluminium profiles and other related activities.

For the full year, net profit climbed 96.03% to INR14.80 crore in the year ended March 2021, from INR 7.55 crore during the previous year ended March 2020. Sales stood at INR 402.88 crore in the year ended March 2021, a decline of 23.14% from 524.19 crore during the previous year ended March 2020.

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The Company has a manufacturing facility located at Pithampur Industrial Area, Pithampur, Dhar District, Madhya Pradesh.

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