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Maithan Alloys Q4 profit up 32 pc at Rs 85 crore

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.

Maithan Alloys Q3 profit flat sequentially at Rs 55 crore

Maithan Alloys Q3 profit flat sequentially at Rs 55 crore ANI | Updated: Feb 20, 2021 17:41 IST Kolkata (West Bengal) [India], February 20 (ANI): India s largest manganese alloy producer Maithan Alloys Ltd on Saturday reported flat sequential growth in its profit at Rs 55.4 crore in Q3 FY21 as compared to Rs 54.9 crore in Q2 FY21, up by just 1 per cent. Total revenue from operations increased by 9 per cent to Rs 446 crore from Rs 409 crore in the same period while manufacturing revenue went up by 2 per cent to Rs 400 crore from Rs 393 crore. However, on a year-on-year basis, the profit after tax was down by 13 per cent to Rs 54.9 crore in Q3 FY21 as compared to Rs 64 crore in Q3 FY20.

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