Maithan Alloys Q4 profit up 32 pc at Rs 85 crore
ANI |
Updated: May 13, 2021 16:15 IST
Kolkata (West Bengal) [India], May 13 (ANI): India's largest manganese alloy producer Maithan Alloys Ltd on Thursday reported 32 per cent hike in its profit after tax at Rs 85 crore in the January to March quarter.
It had posted a profit of Rs 64 crore in Q4 FY20 and Rs 55 crore in Q3 FY21.
Revenue from operations in Q4 FY21 moved up 23 per cent year-on-year to Rs 499 crore from Rs 406 crore while manufacturing revenue advanced by 17 per cent to Rs 447 crore from Rs 381 crore.
However, for the entire fiscal FY21, revenue from operations dipped by 12 per cent to Rs 1,620 crore from Rs 1,831 crore in FY20.