Man Infraconstruction Limited (MICL Group) announced its financial results for the quarter ended June 30, 2026 (Q1 FY27), reporting a 29% year-on-year increase in Profit After Tax (PAT) to ₹71.6 crore. The company also highlighted a robust launch pipeline of ₹6,600+ crore and an estimated real estate portfolio Gross Development Value (GDV) of ₹18,125+ crore, signaling strong growth momentum.
MICL Group Reports Strong Start to FY27
Man Infraconstruction Limited (MICL Group), a prominent construction and real estate development firm in Mumbai, has announced its financial results for the first quarter of the fiscal year 2027 (Q1 FY27), ending June 30, 2026. The company showcased a significant increase in profitability, with Profit After Tax (PAT) growing by 29% year-on-year to ₹71.6 crore. This growth reflects the company’s solid business model and improving earnings momentum.
Key Financial and Operational Highlights for Q1 FY27
During Q1 FY27, MICL Group achieved sales of ₹290 crore and collections of ₹244 crore, selling 0.9 lakh sq. ft. of carpet area. This indicates healthy traction in its residential portfolio.
Consolidated Financials Snapshot – Q1 FY27
- Revenue from Operations grew 8% YoY to ₹218.3 crores.
- Total Income grew 4% YoY to ₹234.9 crores.
- PAT after Non-Controlling Interest grew 29% YoY to ₹71.6 crores.
- PAT Margin after Non-Controlling Interest stood at 30.5% vs 24.6% in Q1 FY26.
Strong Development Pipeline and Future Outlook
Looking ahead, MICL Group is set to enter FY27 with its largest-ever launch pipeline, valued at over ₹6,600 crore, across marquee developments in Pali Hill, Marine Lines, Tardeo, Mulund, and Bandra. The company’s estimated real estate portfolio Gross Development Value (GDV) has reached ₹18,125+ crore, providing a strong foundation for sustained growth and significant revenue visibility in the coming years. MICL aims to double its development portfolio to ₹35,000+ crore by 2031 through strategic expansion and business development.
Operational Achievements
The company also reported strong operational execution, including the delivery of Aaradhya Parkwood Towers C & D ahead of schedule, with 90%+ sold. Furthermore, it launched the ultra-luxury development Marina Vista with a GDV of ₹500+ crore, achieving 30% pre-sales commitment. The securing of an Intimation of Approval (IOA) for Berkeley House, an ultra-luxury sea-view development with ₹1,000+ crore GDV potential, further strengthens MICL’s portfolio.
Source: BSE
