Man Industries (India) Limited — Others, 12-05-2025: Resignation

Man Industries (India) Limited has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025. The standalone revenue stood at ₹3118.22 Cr with a net profit of ₹137.12 Cr, while consolidated revenue was ₹3505.35 Cr and net profit ₹153.17 Cr. The standalone audit report is clean, but the consolidated report includes qualifications due to its subsidiary’s cash losses and fund misallocation. The company restructured its subsidiary holdings and saw a Non-Executive Director resign for personal reasons. The order book remains strong at around ₹2500 Cr, supporting future revenue growth. Internal financial controls are deemed effective.