NEW DELHI, May 26: Man Industries (India) has posted over 25 per cent dip in consolidated net profit to Rs 50.85 crore during the March quarter, impacted by decreased revenues.
It had reported a net profit of Rs 68.15 crore in the same quarter a year ago, the company said in an exchange filing on Monday night.
During January-March, the company’s total income fell to Rs 1,165.51 crore from Rs 1,221.22 crore in the fourth quarter of the preceding 2024-25 financial year.
For FY26, the net profit was at Rs 170 crore, higher than Rs 153 crore in FY25.
While total income was at Rs 3,592 crore as against Rs 3,525 crore in 2024-25.
MAN Industries (India) Ltd manufactures and exports large-diameter carbon steel line pipes.
In a separate statement, the company said its current standalone order book of around Rs 3,000 crore provides strong revenue visibility heading into FY27.
Consolidated revenue guidance for FY27 is Rs 5,000–5,500 crore, the company said.
(PTI)
Follow our WhatsApp channel
