Magna Electro Castings Limited operates within the Gray and ductile iron foundries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Magna Electro Castings Limited with three other
iron foundries in Asia:
Carnation Industries Limited
sales of 984.21 million Indian Rupees [US$15.17 million]
Universal Autofoundry Ltd
(744.09 million Indian Rupees [US$11.47 million]
Winson Machinery Casting Co Ltd
based in Taiwan
(434.99 million Taiwanese Dollars [US$14.43 million]
During the year ended March of 2016, sales at
Magna Electro Castings Limited were 934.33 million Indian Rupees (US$14.40 million).
decrease of 7.9%
versus 2015, when the company's sales were 1.01 billion Indian Rupees.
Contributing to the drop in overall sales was the 7.9% decline
in Foundry Division, from 1.01 billion Indian Rupees to 934.33 million Indian Rupees.
There were also decreases in sales in
Wind Energy Division (down 7.8% to 33.40 million Indian Rupees)