Manaksia Coated Metals & Industries Limited has informed the Exchange regarding 'Manaksia Coated Metals & Industries Ltd. announced financial results for quarter ended June 30, 2025'.
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Manaksia Coated Metals & Industries Limited reported strong Q1 FY26 results with standalone revenue from operations rising about 29% to ₹24,978 lakhs from ₹19,378 lakhs in the same quarter last year. Net profit jumped sharply to ₹1,410 lakhs from ₹304 lakhs, while EPS doubled to ₹1.49 from ₹0.41, supported by an exceptional item of ₹121 lakhs. The Board also fixed 16th September 2025 as the date for the 15th AGM (via video conferencing), with the cut-off date for e-voting and final dividend set as 9th September 2025, and the register of members to remain closed from 10th–16th September 2025. Audittech 360 Financial Services was appointed as Internal Auditor for FY 2025-26, and Mr. Anil Kumar Dubey (M & A Associates) was appointed as Secretarial Auditor for five years. The Board approved a Scheme of Amalgamation to merge its wholly owned subsidiary JPA Snacks Private Limited (currently inactive) into the company, subject to regulatory approvals, which will not change the shareholding pattern.
Strong revenue and profit growth in Q1 FY26 signals improving business momentum and is likely to be viewed positively by shareholders. The merger of an inactive wholly owned subsidiary is a housekeeping step with no impact on shareholding or earnings per share.