For Q3FY26, the company’s consolidated net profit rose 61.8% year-on-year to ₹55 crore from ₹34 crore in the same period last year. Revenue from operations increased 13.4% YoY to ₹830.4 crore from ₹732 crore.
Operating performance improved significantly during the quarter, with EBITDA surging 62% year-on-year to ₹127.7 crore, compared with ₹79 crore in Q3FY25. EBITDA margin expanded to 15.4%, from 10.8% a year ago.
Read more: Sterlite Tech surges over 8% on Nuvama Buy call and margin boost from tariff cutsOn a standalone basis, Man Industries reported a net profit of ₹60.9 crore for the quarter, up from ₹37.6 crore in the year-ago period. Revenue from operations stood at ₹803.5 crore, compared with ₹730.8 crore last year, while profit before tax rose to ₹81.7 crore from ₹50.3 crore.
The company said its order book stood at approximately ₹4,005 crore as of the date, to be executed over the next 6 to 12 months, providing healthy revenue visibility.
Man Industries operates primarily in the steel pipes segment and caters to domestic and international energy and infrastructure projects.
Following the Q3 results announcement, shares of Man Industries hit an intraday high of ₹397.40, but the stock has since pared some of its gains and is currently trading 5.04% up at ₹381.65. The stock has rallied 39.72% in the past year.
