Man Industries (India) Ltd recently announced its audited financial results for the quarter and year ended March 31, 2026. The company experienced a contraction in its bottom-line performance for the fourth quarter, with net profit declining by over 25% year-on-year to ₹50.9 Crores, while revenue saw a marginal decrease of 4.2% to ₹1,150 Crores, reflecting margin pressure in the pipe manufacturing segment.
The following table provides a comparative analysis of the company’s financial results for the quarter ended March 31, 2026:
| Financial Metric | Amount (₹ Crores) | Change YoY (%) | Change QoQ (%) |
|---|---|---|---|
| Revenue | 1,150 | -4.2% | N/A |
| Net Profit | 50.9 | -25.4% | N/A |
Man Industries (India) Ltd, established in 1988 and headquartered in Mumbai, is a prominent manufacturer and exporter of large-diameter carbon steel line pipes. The company specializes in producing Longitudinal Submerged Arc Welded (LSAW), Helically Submerged Arc Welded (HSAW), and Electric Resistance Welded (ERW) pipes, serving critical sectors such as oil and gas transmission, petrochemicals, water, fertilizers, and dredging. Operating through state-of-the-art facilities in Anjar, Gujarat, and Pithampur, Madhya Pradesh, the company maintains a significant global footprint.
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