Construction & Engineering company Man Infraconstruction announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 21,831.33 lakh, reflecting a growth of 7.62% YoY from Rs 20,285.36 lakh in Q1FY26 and a growth of 30.52% QoQ from Rs 16,726.90 lakh in Q4FY26. Total Income for the quarter reached Rs 23,491.89 lakh, up by 3.91% YoY compared to Rs 22,607.14 lakh in Q1FY26 and up by 25.70% QoQ compared to Rs 18,688.64 lakh in Q4FY26. Profit Before Tax was recorded at Rs 8,462.13 lakh in Q1FY27, showing an increase of 5.84% YoY from Rs 7,995.22 lakh in Q1FY26 and a significant growth of 54.43% QoQ from Rs 5,479.50 lakh in Q4FY26. Profit after Tax and Non-Controlling Interest stood at Rs 7,164.16 lakh in Q1FY27, representing a growth of 28.91% YoY from Rs 5,557.26 lakh in Q1FY26 and an increase of 67.28% QoQ from Rs 4,282.64 lakh in Q4FY26. Total Comprehensive Income (attributable to Owners of the Parent) was Rs 7,110.41 lakh in Q1FY27, as compared to Rs 5,531.63 lakh in Q1FY26 and Rs 5,045.54 lakh in Q4FY26. Earnings Per Share (EPS) for Q1FY27 was Rs 1.77 (Basic and Diluted), compared to Rs 1.48 (Basic) and Rs 1.46 (Diluted) in Q1FY26. Standalone Financial Highlights: Revenue from Operations in Q1FY27 was Rs 10,271.64 lakh, showing a decline of 12.59% YoY from Rs 11,751.06 lakh in Q1FY26 and an increase of 17.42% QoQ from Rs 8,747.62 lakh in Q4FY26. Total Income for the standalone entity was Rs 11,429.22 lakh in Q1FY27, compared to Rs 14,974.92 lakh in Q1FY26 and Rs 10,032.47 lakh in Q4FY26. Profit Before Tax stood at Rs 7,947.08 lakh in Q1FY27, a YoY growth of 7.54% from Rs 7,390.18 lakh and a QoQ growth of 75.21% from Rs 4,535.81 lakh in Q4FY26. Profit for the period reached Rs 5,956.27 lakh in Q1FY27, compared to Rs 6,095.04 lakh in Q1FY26 and Rs 3,334.63 lakh in Q4FY26. Total Comprehensive Income for the period was Rs 5,956.28 lakh in Q1FY27, against Rs 6,094.55 lakh in Q1FY26. Business Highlights: Segment-wise Performance: EPC (Engineering, Procurement and Contracting): This segment recorded a revenue of Rs 8,206.89 lakh and a segment result of Rs 4,702.80 lakh in Q1FY27. Real Estate: This segment reported a revenue of Rs 13,678.17 lakh and a segment result of Rs 2,695.41 lakh in Q1FY27. Board Appointments: The company approved the appointment of Mr. Vatsal P. Shah and Mr. Sivaramakrishnan S. Iyer as Additional Directors effective August 12, 2026. Chairman Appointment: Mr. Parag K. Shah, Non-executive Director, was re-designated and appointed as Chairman of the Company effective August 12, 2026. Change in Registered Office: The Board approved the relocation of the registered office within Bengaluru from the 6th Floor to the 16th Floor of the World Trade Center (WTC), effective September 15, 2026. Manan Shah, Managing Director of Man Infraconstruction, said: “Q1FY27 has begun on a strong note, with a strong combination of financial performance and operational execution. Profit after tax after minority interest grew 29% YoY to Rs 71.6 crore, reflecting the strength of our business model and improving earnings momentum. We enter FY27 with our largest-ever launch pipeline of Rs 6,600+ crore across marquee developments in Pali Hill, Marine Lines, Tardeo, Mulund and Bandra. Our estimated real estate portfolio GDV now stands at ?18,125+ crore, providing a strong platform for sustained growth and significant revenue visibility in the coming years. With a combined sales ambition of ?5,000+ crore over FY27 and FY28, we remain focused on converting our strong development pipeline into sustained sales and cash flows. As part of our Vision 2031 roadmap, we aim to double our development portfolio to Rs 35,000+ crore through sustained business development and strategic expansion across Mumbai’s most distinguished addresses.” Result PDF
Construction & Engineering company Man Infraconstruction announced Q4FY26 & FY26 results Consolidated Financial Highlights Q4FY26: Total Income: Stood at Rs 18,688.64 lakh, representing a decrease of 43.00% YoY from Rs 32,783.01 lakh in Q4FY25 and a decrease of 2.58% QoQ from Rs 19,183.31 lakh in Q3FY26. Revenue from Operations: Reported at Rs 14,551.78 lakh, declining 50.47% YoY compared to Rs 29,379.91 lakh and 5.07% QoQ compared to Rs 15,329.65 lakh. Profit Before Tax (PBT): Reached Rs 5,479.50 lakh, showing a decrease of 59.57% YoY from Rs 13,553.51 lakh and a 24.02% QoQ decrease from Rs 7,211.51 lakh. Net Profit (PAT) Attributable to Owners: Stood at Rs 4,282.64 lakh, which is a decline of 44.33% YoY from Rs 7,692.57 lakh and an 8.82% QoQ decrease from Rs 4,697.15 lakh. Consolidated Financial Highlights FY26 Total Income: For the full year FY26, total income was Rs 79,201.99 lakh, a decrease of 35.67% from Rs 1,23,122.86 lakh in FY25. Revenue from Operations: Stood at Rs 63,046.14 lakh for FY26, compared to Rs 1,10,806.85 lakh in FY25. Net Profit (PAT) Attributable to Owners: Reached Rs 20,058.10 lakh, reflecting a 29.05% decrease compared to Rs 28,271.85 lakh in the previous year. Standalone Financial Highlights: Q4FY26 Total Income: Stood at Rs 10,032.47 lakh (down 39.04% YoY from Rs 16,456.52 lakh; up 2.84% QoQ from Rs 9,755.61 lakh). Q4FY26 Net Profit (PAT): Reached Rs 3,334.63 lakh (down 14.84% YoY from Rs 3,915.60 lakh; up 9.64% QoQ from Rs 3,041.42 lakh). Annual Standalone Total Income: Reported at Rs 43,775.58 lakh for FY26. Annual Standalone Net Profit (PAT): Stood at Rs 15,483.07 lakh for FY26. Business Highlights: Segment Performance (Annual FY26): EPC (Engineering, Procurement and Contracting): Revenue was Rs 30,378.75 lakh with a segment result (PBT) of Rs 7,989.66 lakh. Real Estate: Revenue stood at Rs 32,939.04 lakh with a segment result (PBT) of Rs 16,303.82 lakh. GDV Vision: The group has set an ambitious target to reach a Real Estate Gross Development Value (GDV) of Rs 35,000+ crore by 2031, doubling its FY26 GDV of Rs 17,575+ crore. Operational Metrics: In FY26, the company achieved total sales of approximately Rs 1,800 crore and collections of Rs 990 crore, selling over 5 lakh sq. ft. of carpet area. Liquidity and Debt: As of March 2026, the company maintained a Net Debt-Free status with consolidated liquidity at Rs 686 crore. Project Pipeline: The company added nine new projects in FY26 with a cumulative GDV of Rs 8,500–9,000 crore. For FY27, it plans to launch six more projects with an estimated GDV of Rs 5,000–5,500 crore. Dividend: The Board declared an interim dividend of Rs 0.72 per equity share (36%) for the financial year 2026-27. Manan Shah, Managing Director, MICL: “FY26 was an important year for the company with marquee project acquisitions, strong sales and also marked an end to the consolidation phase of its ongoing real estate projects. FY27 has begun on a strong note and we target to achieve the best ever real estate sales. MICL Group is now at the inflection point where we would be a having significant share of revenue recognition in the upcoming years, highest ever launch pipeline in FY27 and a strong sales ambition set over the next 2 years from its ongoing and upcoming developments. During the year, the Company also deepened its presence in South Mumbai through new project addition at Tardeo. Our real estate portfolio now stands at over Rs 17,575 crore of estimated GDV with balance sales visibility of more than Rs 13,300 crore; supported by ongoing and upcoming developments across Tardeo, Marine Lines, BKC, Bandra, Vile Parle, Mulund, Ghatkopar & Dahisar. As part of our Vision 2031 roadmap, we aim to double our development portfolio to Rs 35,000+ crore through sustained business development and strategic expansion across the city’s most distinguished addresses. We believe MICL is entering its next phase of growth. What’s coming will redefine the company.” Result PDF
Construction & Engineering company Man Infraconstruction announced Q3FY26 results The Company achieved sales of Rs 447 crore in Q3FY26 and achieved cumulative sales of Rs 1,362 crore in 9MFY26. MICL sold 1.2 lakh sq. ft. of carpet area in Q3FY26 and 3.9 lakh sq. ft. in 9MFY26, mainly led by sales across the ongoing projects in Tardeo, BKC, Vile Parle (West) and Dahisar. The Company reported collections of Rs 294 crore in Q3FY26 and Rs 711 crore in 9MFY26. Manan Shah, Managing Director, Man Infraconstruction, said: "During the quarter the company launched its luxury residential project “Artek Park” at BKC generating sales of Rs 140 crore. The company continues to maintain steady sales momentum across its ongoing projects. The Mumbai Metropolitan Region’s residential market remains structurally stable, supported by limited land availability and predominantly end-user-driven demand. Buyers, including entrepreneurs, business owners and high-income professionals, continue to prefer well-designed homes with lifestyle amenities in established micro-markets. This trend supports sales momentum in locations where MICL operates. In parallel, the Company is engaged with select redevelopment proposals in Mumbai, several of which are at advanced stages of discussion and align with MICL’s focus on premium to luxury residential developments in established micro-markets, which are expected to further deepen the quality of MICL’s real estate portfolio. Backed by a strong balance sheet and comfortable liquidity, MICL remains well positioned to explore growth opportunities across high-potential micro-markets in both domestic and international region." Result PDF
Construction & Engineering company Man Infraconstruction announced Q2FY26 results Financial Highlights: Total Income: Rs 187 crore for Q2FY26. PBT: Rs 78 crore for Q2FY26. PAT: Rs 55 crore for Q2FY26. Operational Highlights: The Company achieved sales of Rs 424 crore in Q2FY26, doubling year on year and achieved cumulative sales of Rs 916 crore in H1FY26. MICL sold 1.2 lakh sq. ft. of carpet area in Q2FY26 and 2.6 lakh sq. ft. in H1FY26, mainly led by sales across the ongoing projects in Tardeo, Vile Parle (West), and Dahisar. The Company reported collections of Rs 183 crore in Q2FY26 and Rs 417 crore in H1FY26. Manan Shah, Managing Director, Man Infraconstruction, said: "Our financial performance for the quarter remained strong as the consolidated PAT for Q2FY26 grew by 24% YoY and reported a healthy PAT margin of 29.5%. With a focused approach on bottom line, MICL has improved profitability on consolidated levels in a sustained manner. At the onset of the festive season, MICL Group launched one of its marquee luxurious residential projects - Artek Park at BKC. We continue to maintain healthy sales momentum from ongoing projects, while upcoming launches are expected to further strengthen sales growth in the coming quarters. Backed by a strong balance sheet and comfortable liquidity, MICL remains well positioned to explore growth opportunities across high-potential micro-markets in both domestic and international region." Result PDF
Construction & Engineering company Man Infraconstruction announced Q1FY26 results Q1FY26 Financial Highlights: Total Income: Rs 226 crore for Q1FY26. PBT: Rs 80 crore for Q1FY26. Net Profit: Rs 56 crore for Q1FY26. Business Highlights: Carpet Area Sold: 1.5 lakh Sq. ft. during Q1FY26. Sales: Rs 492 crore during Q1FY26. Collection: Rs 234 crore during Q1FY26. Manan Shah, Managing Director of Man Infraconstruction, said: "With sales momentum continuing in Q1FY26 supported by steady collections and timely execution, MICL continues to build on its operational performance. Our strengthened liquidity position of around Rs 800 crore positions us well to capitalise on strategic opportunities, particularly in acquiring premium projects across Mumbai’s sought-after micro-markets. This aligns well with our vision to expand our portfolio while maintaining a strong balance sheet and delivering long-term value to our stakeholders." Result PDF