Net profit of Manaksia rose 12.99% to Rs 28.26 crore in the quarter ended March 2019 as against Rs 25.01 crore during the previous quarter ended March 2018. Sales rose 5.96% to Rs 275.83 crore in the quarter ended March 2019 as against Rs 260.32 crore during the previous quarter ended March 2018.

For the full year,net profit declined 22.93% to Rs 73.12 crore in the year ended March 2019 as against Rs 94.87 crore during the previous year ended March 2018. Sales rose 0.40% to Rs 990.25 crore in the year ended March 2019 as against Rs 986.32 crore during the previous year ended March 2018.

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Manaksia will hold a meeting of the Board of Directors of the Company on 18 May 2019.

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Net profit of Manaksia declined 79.50% to Rs 5.70 crore in the quarter ended December 2018 as against Rs 27.80 crore during the previous quarter ended December 2017. Sales rose 35.85% to Rs 253.29 crore in the quarter ended December 2018 as against Rs 186.45 crore during the previous quarter ended December 2017.

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Manaksia announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Interim dividend of Rs.3 per share(i.e.150%), subject to the approval of the shareholders.

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