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Man Infraconstruction Limited — Updates, 20-05-2025: Press Release
20-05-2025 | 01:55 pm
20-05-2025 | 01:55 pm
Man Infraconstruction Limited has announced a board meeting on the financial results for the quarter and half-year. FY25 sales surged threefold to ₹2,251 crore, led by strong demand in key Mumbai locations. Collections hit ₹1,270 crore, with carpet area sold doubling to ~8 lakh sq. ft. The company launched two projects with ₹1,600 crore potential, securing ₹700 crore in early sales. With a net-debt free balance sheet and ₹570 crore cash, MICL plans new launches worth ₹3,400 crore in FY26 targeting premium Mumbai markets.
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