Manaksia Steels sees a decline in scale of operations – 30 Jun 2022

Manaksia Steels Ltd (MSL) was a dormant company till October 01, 2013 before the demerger of steel division of Manaksia Ltd. (ML) to MSL. MSL is engaged in manufacturing of cold rolled sheets, galvanized plain & corrugated sheets and colour coated sheets. The company has a manufacturing capacity of 84,000 metric tonne per annum (MTPA) for steel cold rolling products, 36,000 MTPA for galvanizing sheets and 24,000 MTPA for colour coating sheets.

Both both the top and bottom lines remained constrained