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.