Manaksia Steels Limited (MANAKSTEEL) — Board Meeting

📢 Key Event
Board approves audited FY2025-26 financials and reappoints auditors

🔄 What Changed
Consolidated revenue increased to ₹105,319.18 crores from ₹58,418.09 crores; total expenses rose to ₹105,453.45 crores

🔮 What's Next
None

💡 Investor Takeaway
The company shows revenue growth but faces rising expenses, with no material impact from regulatory changes yet.

Manaksia Steels Limited approved its audited standalone and consolidated financial statements for FY2025-26, reporting consolidated revenue of ₹105,319.18 crores and total expenses of ₹105,453.45 crores, with an unmodified auditor opinion confirming true and fair view and adequate internal controls. The Board reappointed internal and cost auditors for FY2026-27, disclosed foreign exchange losses from Nigerian currency devaluation as an exceptional item, and confirmed no material impact from India's new Labour Codes. Financial results are available on the company's website and stock exchange platforms.

📄 View Original Announcement (PDF)

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