Man Infraconstruction Limited (MICL) announced its unaudited financial results for the quarter and nine months ending December 31, 2025. Key highlights include the successful launch of its ultra-luxury project, ‘Artek Park’, at BKC, which generated ₹140 crores in sales during Q3FY26. Operationally, the company achieved ₹447 crore in Q3 sales and maintains a strong balance sheet, remaining net-debt free at consolidated levels.
MICL Announces Q3 & 9MFY26 Financial Performance
Man Infraconstruction Limited (MICL) disclosed its unaudited financial results for the quarter ended December 31, 2025 (Q3FY26) and the cumulative nine months of FY26. The company reported sustained momentum in its core construction and real estate businesses.
Key Operational Highlights for Q3 & 9MFY26
The company demonstrated solid execution across its segments, highlighted by:
- Sales Achievement: Sales reached ₹447 crore in Q3FY26, contributing to cumulative sales of ₹1,362 crores in 9MFY26.
- Area Sold: 1.2 lakh sq. ft. of carpet area was sold in Q3FY26, bringing the nine-month total to 3.9 lakh sq. ft., primarily driven by projects in Tardeo, BKC, Vile Parle (West), and Dahisar.
- Collections: Collections stood at ₹294 crores for the quarter and ₹711 crores for the nine-month period.
Operational Performance Summary (Figures in Crores)
| Period | Carpet Area Sold | Sales | Collection |
|---|---|---|---|
| Q3FY26 | 1.2 Lakh Sq. ft. | ₹447 crores | ₹294 crores |
| 9MFY26 | 3.9 Lakh Sq. ft. | ₹1362 crores | ₹711 crores |
Consolidated Financial Summary (Figures in Crores)
| Period | Total Income | PBT | Net Profit |
|---|---|---|---|
| Q3FY26 | ₹192 crores | ₹72 crores | ₹47 crores |
| 9MFY26 | ₹605 crores | ₹230 crores | ₹158 crores |
‘Artek Park’ Launch Sees Strong Initial Traction
A significant highlight for the quarter was the successful launch of the ultra-luxury residential project, ‘Artek Park’, located in the prominent Bandra-Kurla Complex (BKC). The project was launched in October 2025 and immediately secured sales value of ₹140 crores in Q3FY26, contributing to the total estimated sales potential of ₹850 crores for the development. Management noted that demand in the Mumbai Metropolitan Region remains structurally stable, favoring well-designed homes in established micro-markets.
Strengthening the Balance Sheet
MICL continues to benefit from a robust financial position:
- Consolidated liquidity stood strong at approximately ₹723 crores as of December 2025.
- The Company successfully maintained its status as net-debt free at consolidated levels.
- Standalone investment in Real Estate Projects reached approximately ₹1,362 crores by the end of December 2025.
Management Outlook
Manan Shah, Managing Director, stated that the company remains well-positioned to explore growth opportunities, especially in high-potential micro-markets, supported by its strong balance sheet. Furthermore, the company is actively engaged in several select redevelopment proposals within Mumbai, aligning with its focus on premium residential developments.
Source: BSE
