| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 266 | 149 | +78.8% |
| EBITDA | 80.6 | 36.6 | +120.3% |
| EBITDA margin | 30.3% | 24.6% | +5.7 pts |
| Profit before tax | 88.1 | 70.3 | +25.3% |
| Net profit | 65.2 | 60.0 | +8.7% |
| EPS | ₹1.56 | ₹1.38 | +13.0% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 266 | 218 | 146 | 153 | 149 | 183 | 294 | 242 | 230 | 342 | 297 | 242 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 16.6 | 16.6 | 41.4 | 38.5 | 38.5 | 43.2 | 34.0 | 32.7 | 29.7 | 26.8 | 35.5 | 19.6 | ||
| 283 | 235 | 187 | 192 | 187 | 226 | 328 | 275 | 260 | 368 | 332 | 261 | ||
Expenses | |||||||||||||
| 32.8 | 36.5 | 48.3 | 54.6 | 51.4 | 57.4 | 89.3 | 45.6 | 40.1 | 56.2 | 83.4 | 60.5 | ||
| −41.7 | −41.4 | −127 | −32.9 | −36.2 | −11.8 | −15.1 | −37.9 | 25.8 | −0.2 | −24.9 | −105 | ||
| 17.0 | 18.8 | 21.9 | 18.2 | 16.6 | 18.1 | 22.8 | 15.9 | 15.2 | 19.6 | 24.3 | 18.8 | ||
| 5.7 | 5.3 | 3.1 | 2.2 | 1.8 | 3.1 | 5.2 | 2.6 | 3.1 | 3.9 | 11.9 | 7.4 | ||
| 3.4 | 3.1 | 3.6 | 3.5 | 2.9 | 2.4 | 2.3 | 2.1 | 2.0 | 1.9 | 2.7 | 2.6 | ||
| 177 | 133 | 184 | 80.6 | 80.3 | 78.7 | 90.3 | 112 | 122 | 183 | 164 | 165 | ||
| 195 | 155 | 133 | 126 | 117 | 148 | 195 | 140 | 208 | 264 | 262 | 149 | ||
| 80.6 | 71.5 | 18.9 | 32.8 | 36.6 | 40.6 | 106 | 107 | 27.6 | 83.5 | 49.6 | 103 | ||
| 77.2 | 68.4 | 15.4 | 29.2 | 33.6 | 38.2 | 104 | 105 | 25.6 | 81.6 | 47.0 | 100 | ||
Profit | |||||||||||||
| 88.1 | 79.7 | 53.7 | 65.6 | 70.3 | 78.3 | 133 | 135 | 52.1 | 105 | 70.5 | 112 | ||
| 88.1 | 79.7 | 53.7 | 65.6 | 70.3 | 78.3 | 133 | 135 | 52.1 | 105 | 70.5 | 112 | ||
| 23.0 | 35.1 | 12.5 | 18.6 | 14.6 | 21.0 | 39.3 | 14.9 | 15.3 | 21.9 | 9.4 | 13.0 | ||
| 3.0 | −13.2 | 1.3 | 1.9 | 3.5 | 0.7 | −1.0 | −10.0 | 0.5 | 6.9 | 3.2 | 23.9 | ||
| 26.0 | 21.9 | 13.8 | 20.5 | 18.0 | 21.6 | 38.4 | 4.9 | 15.8 | 28.8 | 12.6 | 36.9 | ||
| 3.1 | 4.9 | 1.1 | 6.6 | 7.8 | 1.6 | 2.5 | −45.7 | 10.9 | 8.7 | 6.7 | 11.1 | ||
| 65.2 | 62.7 | 41.0 | 51.6 | 60.0 | 58.3 | 97.2 | 84.0 | 47.2 | 84.4 | 64.7 | 86.5 | ||
| 62.1 | 57.8 | 39.9 | 45.1 | 52.2 | 56.7 | 94.6 | 130 | 36.4 | 75.7 | 58.0 | 75.4 | ||
| 2.4 | −0.5 | 7.9 | 1.1 | 4.4 | −0.3 | 0.1 | 3.3 | 0.5 | 0.1 | 1.0 | −0.2 | ||
| 67.6 | 62.2 | 49.0 | 52.7 | 64.4 | 58.0 | 97.3 | 87.3 | 47.7 | 84.5 | 65.6 | 86.4 | ||
| 62.8 | — | — | — | — | 58.3 | — | — | — | — | 64.6 | — | ||
| 2.5 | 0.0 | 0.0 | 0.0 | — | 0.0 | — | — | 0.0 | — | 0.1 | — | ||
Per share | |||||||||||||
| ₹1.56 | ₹1.77 | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.48 | ₹2.05 | ₹2.25 | ₹1.20 | ₹2.09 | ₹1.76 | ₹2.23 | ||
| ₹1.56 | ₹1.77 | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.46 | ₹2.05 | ₹2.18 | ₹1.18 | ₹2.05 | ₹1.73 | ₹2.23 | ||
Other comprehensive income — detail | |||||||||||||
| 2.4 | −0.5 | 7.9 | 1.1 | 4.4 | −0.3 | 0.1 | — | — | — | — | — | ||
| 0.4 | 0.2 | 2.3 | −0.2 | −0.2 | −0.1 | 0.3 | −0.2 | −0.2 | −0.1 | 0.3 | −0.1 | ||
| 0.0 | 0.0 | 0.0 | −0.0 | −0.0 | 0.0 | 0.1 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | −0.1 | −0.1 | −0.0 | −0.1 | 0.0 | ||
| 2.0 | −0.8 | 5.6 | 1.3 | 4.6 | −0.2 | −0.1 | 3.4 | 0.6 | 0.2 | 0.6 | −0.1 | ||
| 65.1 | 71.1 | 50.5 | 48.1 | 59.7 | 55.3 | 76.9 | 87.1 | 45.1 | 77.6 | 66.2 | 82.9 | ||
| 2.5 | −8.9 | −1.5 | 4.6 | 4.7 | 2.7 | 20.4 | 0.2 | 2.7 | 6.9 | −0.5 | 3.5 | ||
Per share — as-filed variants | |||||||||||||
| ₹1.56 | ₹1.77 | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.48 | ₹2.05 | ₹2.25 | ₹1.20 | ₹2.09 | ₹1.76 | ₹2.23 | ||
| ₹1.56 | ₹1.77 | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.46 | ₹2.05 | ₹2.18 | ₹1.18 | ₹2.05 | ₹1.73 | ₹2.23 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 275 | 223 | 225 | 132 | 134 | 137 | 220 | 235 | 164 | 286 | 238 | 286 | ||
| 103.3% | 102.3% | 154.4% | 85.8% | 89.7% | 75.1% | 74.8% | 96.9% | 71.4% | 83.6% | 80.3% | 118.3% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 88.1 | 79.7 | 53.7 | 65.6 | 70.3 | 78.3 | 133 | 135 | 52.1 | 105 | 70.5 | 112 | ||
| 65.2 | 62.7 | 41.0 | 51.6 | 60.0 | 58.3 | 97.2 | 84.0 | 47.2 | 84.4 | 64.7 | 86.5 | ||
| ₹1.56 | ₹1.77 | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.48 | ₹2.05 | ₹2.25 | ₹1.20 | ₹2.09 | ₹1.76 | ₹2.23 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 241.8 | 296.7 | 341.6 | 230.3 | 242.3 | 293.8 | 182.9 | 148.8 | 153.3 | 145.5 | 218.3 | 266.0 | |
| Other Income | 19.6 | 35.5 | 26.8 | 29.7 | 32.7 | 34.0 | 43.2 | 38.5 | 38.5 | 41.4 | 16.6 | 16.6 | |
| Total Income | 261.3 | 332.3 | 368.4 | 260.0 | 275.0 | 327.8 | 226.1 | 187.2 | 191.8 | 186.9 | 234.9 | 282.6 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 60.5 | 83.4 | 56.2 | 40.1 | 45.6 | 89.3 | 57.4 | 51.4 | 54.6 | 48.3 | 36.5 | 32.8 | |
| + Changes in Inventories | -104.8 | -24.9 | -0.2 | 25.8 | -37.9 | -15.1 | -11.8 | -36.2 | -32.9 | -127.4 | -41.4 | -41.7 | |
| + Employee Benefit Expense | 18.8 | 24.3 | 19.6 | 15.2 | 15.9 | 22.8 | 18.1 | 16.6 | 18.2 | 21.9 | 18.8 | 17.0 | |
| + Finance Costs | 7.4 | 11.9 | 3.9 | 3.1 | 2.6 | 5.2 | 3.1 | 1.8 | 2.2 | 3.1 | 5.3 | 5.7 | |
| + Depreciation & Amortisation | 2.6 | 2.7 | 1.9 | 2.0 | 2.1 | 2.3 | 2.4 | 2.9 | 3.5 | 3.6 | 3.1 | 3.4 | |
| + Other Expenses | 164.6 | 164.3 | 182.5 | 121.7 | 112.1 | 90.3 | 78.7 | 80.3 | 80.6 | 183.8 | 132.9 | 177.3 | |
| Total Expenses | 149.1 | 261.7 | 263.9 | 207.8 | 140.4 | 194.8 | 147.8 | 116.9 | 126.3 | 133.2 | 155.2 | 194.5 | |
| EBITDA | 102.7 | 49.6 | 83.5 | 27.6 | 106.6 | 106.5 | 40.6 | 36.6 | 32.8 | 18.9 | 71.5 | 80.6 | |
| EBIT | 100.1 | 47.0 | 81.6 | 25.6 | 104.5 | 104.1 | 38.2 | 33.6 | 29.2 | 15.4 | 68.4 | 77.2 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 112.3 | 70.5 | 104.5 | 52.1 | 134.6 | 133.0 | 78.3 | 70.3 | 65.6 | 53.7 | 79.7 | 88.1 | |
| Pretax Income | 112.3 | 70.5 | 104.5 | 52.1 | 134.6 | 133.0 | 78.3 | 70.3 | 65.6 | 53.7 | 79.7 | 88.1 | |
| + Current Tax | 13.0 | 9.4 | 21.9 | 15.3 | 14.9 | 39.3 | 21.0 | 14.6 | 18.6 | 12.5 | 35.1 | 23.0 | |
| + Deferred Tax | 23.9 | 3.2 | 6.9 | 0.5 | -10.0 | -1.0 | 0.7 | 3.5 | 1.9 | 1.3 | -13.2 | 3.0 | |
| Tax Expense | 36.9 | 12.6 | 28.8 | 15.8 | 4.9 | 38.4 | 21.6 | 18.0 | 20.5 | 13.8 | 21.9 | 26.0 | |
| + Share of Associates & JVs | 11.1 | 6.7 | 8.7 | 10.9 | -45.7 | 2.5 | 1.6 | 7.8 | 6.6 | 1.1 | 4.9 | 3.1 | |
| Net Income | 86.5 | 64.7 | 84.4 | 47.2 | 84.0 | 97.2 | 58.3 | 60.0 | 51.6 | 41.0 | 62.7 | 65.2 | |
| + Net Income — Continuing Ops | 75.4 | 58.0 | 75.7 | 36.4 | 129.7 | 94.6 | 56.7 | 52.2 | 45.1 | 39.9 | 57.8 | 62.1 | |
| + Other Comprehensive Income | -0.2 | 1.0 | 0.1 | 0.5 | 3.3 | 0.1 | -0.3 | 4.4 | 1.1 | 7.9 | -0.5 | 2.4 | |
| Total Comprehensive Income | 86.4 | 65.6 | 84.5 | 47.7 | 87.3 | 97.3 | 58.0 | 64.4 | 52.7 | 49.0 | 62.2 | 67.6 | |
| Net Income to Common | — | 64.6 | — | — | — | — | 58.3 | — | — | — | — | 62.8 | |
| Minority Interest | — | 0.1 | — | 0.0 | — | — | 0.0 | — | 0.0 | 0.0 | 0.0 | 2.5 | |
| Per Share | |||||||||||||
| Basic EPS | 2.23 | 1.76 | 2.09 | 1.20 | 2.25 | 2.05 | 1.48 | 1.38 | 1.16 | 1.06 | 1.77 | 1.56 | |
| Diluted EPS | 2.23 | 1.73 | 2.05 | 1.18 | 2.18 | 2.05 | 1.46 | 1.38 | 1.16 | 1.06 | 1.77 | 1.56 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | 0.1 | -0.3 | 4.4 | 1.1 | 7.9 | -0.5 | 2.4 | |
| + Items NOT to be Reclassified to P&L | -0.1 | 0.3 | -0.1 | -0.2 | -0.2 | 0.3 | -0.1 | -0.2 | -0.2 | 2.3 | 0.2 | 0.4 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | 0.1 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.0 | -0.1 | -0.0 | -0.1 | -0.1 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | -0.1 | 0.6 | 0.2 | 0.6 | 3.4 | -0.1 | -0.2 | 4.6 | 1.3 | 5.6 | -0.8 | 2.0 | |
| Comprehensive Income — Owners of Parent | 82.9 | 66.2 | 77.6 | 45.1 | 87.1 | 76.9 | 55.3 | 59.7 | 48.1 | 50.5 | 71.1 | 65.1 | |
| Comprehensive Income — Non-controlling Interests | 3.5 | -0.5 | 6.9 | 2.7 | 0.2 | 20.4 | 2.7 | 4.7 | 4.6 | -1.5 | -8.9 | 2.5 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 2.23 | 1.76 | 2.09 | 1.20 | 2.25 | 2.05 | 1.48 | 1.38 | 1.16 | 1.06 | 1.77 | 1.56 | |
| Diluted EPS — Continuing Operations | 2.23 | 1.73 | 2.05 | 1.18 | 2.18 | 2.05 | 1.46 | 1.38 | 1.16 | 1.06 | 1.77 | 1.56 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 286.0 | 238.2 | 285.7 | 164.5 | 234.7 | 219.6 | 137.3 | 133.5 | 131.6 | 224.6 | 223.2 | 274.9 | |
| Gross Margin % | 118.32 | 80.27 | 83.62 | 71.41 | 96.85 | 74.75 | 75.09 | 89.75 | 85.83 | 154.38 | 102.26 | 103.35 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 112.3 | 70.5 | 104.5 | 52.1 | 134.6 | 133.0 | 78.3 | 70.3 | 65.6 | 53.7 | 79.7 | 88.1 | |
| Net Income Adj (tax-effected) | 86.5 | 64.7 | 84.4 | 47.2 | 84.0 | 97.2 | 58.3 | 60.0 | 51.6 | 41.0 | 62.7 | 65.2 | |
| EPS Adj | 2.23 | 1.76 | 2.09 | 1.20 | 2.25 | 2.05 | 1.48 | 1.38 | 1.16 | 1.06 | 1.77 | 1.56 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| Paid Up Equity Capital | 74.3 | 74.3 | 74.3 | 74.4 | 75.1 | 75.1 | 77.0 | 80.7 | 80.7 | 80.7 | 80.7 | 80.7 | |
Filed with NSE on Thursday, 29 October 2026 at 1:52 pm IST
Man Infraconstruction (NSE: MANINFRA) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 1:52 pm IST. Consolidated net profit attributable to shareholders was ₹62.8 crore, up 4.6% from ₹60 crore in Q2 FY26 and unchanged from ₹62.7 crore in Q1 FY27. Revenue from operations was ₹266 crore, up 78.8% year on year and up 21.8% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹62.8 crore, up 4.6% from ₹60 crore in Q2 FY26 and unchanged from ₹62.7 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹65.2 crore.
Both grew from a year earlier: net profit was up 4.6% at ₹62.8 crore and revenue was up 78.8% at ₹266 crore. The operating margin was 29.0%, up 6.4 percentage points from 22.6% a year earlier. Against Q1 FY27, net profit was unchanged and revenue up 21.8%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹77.2 crore, a margin of 29.0%, against 31.3% in Q1 FY27 and 22.6% in Q2 FY26. EBITDA was ₹80.6 crore, 30.3% of revenue.
Revenue from operations was ₹266 crore, up 78.8% year on year and up 21.8% from the previous quarter.
Basic earnings per share were ₹1.56, against ₹1.38 in Q2 FY26.
On Thursday, 29 October 2026 at 1:52 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 12 November 2025.
Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹125 crore, up 6.1% from ₹118 crore in the same months a year earlier. Revenue from operations was ₹484 crore, up 46.0%.
Man Infraconstruction's net profit margin was 23.6% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 40.3% in Q2 FY26 (down 16.8 percentage points). For FY26 as a whole it was 33.5%.
Consolidated net profit attributable to shareholders was ₹211 crore in FY26 (April 2025–March 2026), down 32.5% from ₹313 crore in FY25. It was ₹303 crore in FY24 and ₹289 crore in FY23: down 27.0% over three years, an average fall of 9.9% a year.
Net profit attributable to shareholders by quarter: ₹51.6 crore in Q3 FY26, ₹41 crore in Q4 FY26, ₹62.7 crore in Q1 FY27 and ₹62.8 crore in Q2 FY27. That is ₹218 crore over the four quarters, down 27.2% from ₹300 crore in the four quarters before. Revenue from operations: ₹153 crore, ₹146 crore, ₹218 crore and ₹266 crore.
Revenue from operations was ₹630 crore in FY26 (April 2025–March 2026), down 43.1% from ₹1,108 crore in FY25. It was ₹1,263 crore in FY24 and ₹1,890 crore in FY23: down 66.6% over three years, an average fall of 30.7% a year.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Man Infraconstruction's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.