Manaksia Steels Limited has informed the Exchange regarding 'Re-appointment of M/s. B. Mukhopadhyay & Co. (Registration No.: 000257) as Cost Auditors of the Company for the Financial Year 2026-27'.
MANAKSTEEL · price
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Manaksia Steels Limited held its Board Meeting on 22nd May 2026 and approved the audited standalone and consolidated financial results for FY ended 31st March 2026. The company reported strong growth with standalone total income of Rs. 1,05,751.17 lakhs (up from Rs. 59,781.83 lakhs), standalone net profit after tax of Rs. 3,816.95 lakhs (up from Rs. 1,170.26 lakhs), and standalone EPS of Rs. 5.82 (up from Rs. 1.79). The statutory auditors S K Agrawal & Co. issued an unmodified opinion on both standalone and consolidated results. The Board also appointed M/s. JMNR & Associates as new Internal Auditors and re-appointed M/s. B. Mukhopadhyay & Co. as Cost Auditors for FY 2026-27. The company has three subsidiaries including two overseas entities in Nigeria.
Strong financial performance with net profit more than tripling year-on-year is positive for shareholders. The unchanged auditor opinions indicate clean financials. No material governance concerns identified from this filing.