Man Industries (India) Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Man Industries has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated net revenue jumped to Rs. 3,557 Cr with a PBT of Rs. 208 Cr and an EPS of Rs. 23.66. The order book stands strong at around Rs. 2,500 Cr, set for execution over the next 6-12 months. The company is restructuring by transferring its entire stake in Man International Steel Industries to its subsidiary Man Overseas Metals DMCC, UAE. Non-executive director Mrs. Heena Vinay Kalantri resigned. No dividend declared. Auditors flagged subsidiary-related issues but management says overall impact is negligible.