Cash generated from operations was INR 54 million, compared to INR 88 million a year ago. That was up by INR 119 per cent year-on-year. The company’s net profit before tax was INR 289 million in H1 FY23 versus INR 132 million in H1 FY22. In H1, the comprehensive income totalled INR 215 million, reflecting a surge of 124 per cent from INR 96 million over a year. Maan Aluminium also reported that its total comprehensive income in 2QFY22 amounted to INR 131 million, up by 55.95 per cent from INR 84 million in Q1. The latter grew by 28 per cent INR 2.81 billion during the corresponding period of the last year. Revenue from operations in the first six months of the year (H1) totalled INR 3.6 billion, while total income stood at INR 3.64 billion.
That showed an increase over the month as well as year, bringing the total income to INR 1.9 billion in the September quarter versus INR 1.74 billion in the June quarter. On Monday, November 7, Maan Aluminium Limited announced its second quarter and H1 results of the financial year 2022-23 ended September 30, whereby it declared its revenue from operations closing at INR 1.88 billion compared to INR 1.73 billion in Q1 FY23 and INR 1.58 million in Q2 FY22.
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