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Man Industries (India) Ltd has reported robust financial results for the March 2025 quarter, with consolidated revenue from operations reaching ₹12.18 billion and net profit surging to ₹681.5 million. The company’s strong performance comes amid a volatile market environment and underscores its resilience and operational efficiency in the steel pipes and infrastructure sector.
Strong Revenue Growth:
Man Industries posted consolidated revenue from operations of ₹12.18 billion for Q4 FY25, reflecting a significant sequential increase compared to previous quarters. This growth was driven by steady execution of its robust order book and improved shipment volumes, despite industry-wide logistical challenges.
Profitability on the Rise:
Net profit for the quarter soared to ₹681.5 million, marking a substantial improvement over the prior quarter’s ₹341 million. The company’s EBITDA margins have also reached multi-quarter highs, supported by better cost management and higher capacity utilization.
Order Book and Outlook:
The management remains optimistic for FY26, citing a strong order book of approximately ₹29 billion scheduled for completion over the next 6 to 12 months. Expansion plans for both H-SAW pipes in Saudi Arabia and stainless-steel seamless tubes in Jammu are progressing as planned, positioning Man Industries for further growth.
Quarterly Performance Trends:
The company’s revenue and profit growth in Q4 reversed the dip seen in the December 2024 quarter, when revenue stood at ₹7.32 billion and net profit at ₹341 million. The turnaround reflects successful execution of delayed export orders and improved vessel availability.
Industry Context:
The steel and infrastructure sector has faced headwinds from global trade volatility and shipping bottlenecks, but Man Industries’ diversified order book and operational agility have enabled it to outperform many peers. Analysts maintain a positive outlook, expecting the company to meet its full-year revenue guidance of around ₹33 billion.
Market Performance:
Despite a challenging year for the sector, Man Industries’ shares have shown resilience and are expected to benefit from continued order inflows and margin expansion as project execution accelerates.
“We are pleased to report a resilient quarter on profitability front despite delay in export shipments. Our expansion plans are on track, and we maintain a positive outlook for FY26,” said Nikhil Mansukhani, Managing Director of Man Industries (India) Ltd.
With a strong financial performance in the March quarter and a healthy project pipeline, Man Industries (India) is well-positioned for sustained growth in the coming fiscal year.
Source: BlinkX, ICICI Direct, Moneycontrol, Screener, Financial Express Q4 Results Live
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