Man Industries (India) Limited — Updates, 12-11-2024: Press Release

MAN Industries (India) Ltd. reported a solid performance for H1FY25, with standalone revenue reaching Rs. 1,536.9 Cr, reflecting a year-on-year increase of 4.4%. EBITDA stood at Rs. 139.5 Cr, down 4.5% Y-o-Y, resulting in an EBITDA margin of 9.1%. Net profit after tax (PAT) was Rs. 59.2 Cr, a 6.9% increase. In Q2FY25, standalone revenue was Rs. 805.0 Cr, up 10.0% sequentially, with a PAT of Rs. 35.1 Cr, representing a notable 45.3% increase QoQ.

Consolidated results mirrored this growth, with revenue at Rs. 1,554.9 Cr for H1FY25, up 3.8% year-on-year. The consolidated PAT of Rs. 50.9 Cr showed slight year-on-year growth of 1%. The company’s current unexecuted order book is approximately Rs. 3,100 Cr, slated for execution in the next 12 to 18 months. With a net cash position of Rs. 201.8 Cr, MAN Industries demonstrates sound financial stability and is pursuing expansion plans, highlighting a positive outlook for future performance.