Man Infraconstruction Limited (MICL) has announced the outcome of its Board Meeting held on February 11, 2026. The Board approved the Un-audited Financial Results (Consolidated and Standalone) for the quarter and nine months ended December 31, 2025, following a Limited Review by Statutory Auditors. Key figures include consolidated revenue from operations reaching ₹15,329.65 lakhs for the quarter. The company also confirmed the implementation of the NCLT-approved merger scheme, impacting prior period figures.
Board Meeting Outcome and Results Approval
Man Infraconstruction Limited announced that its Board of Directors, following a meeting on February 11, 2026, has approved the Un-audited Financial Results (Consolidated and Standalone) for the third quarter (Q3) and the nine months ended December 31, 2025. These results were subjected to a Limited Review by the Statutory Auditors, M/s. G. M. Kapadia & Co.
Key Consolidated Financial Highlights (Q3 FY2026 vs. Q3 FY2025)
The company presented robust figures for the quarter ended December 31, 2025, compared to the previous year’s corresponding quarter:
- Revenue from Operations stood at ₹15,329.65 lakhs (compared to ₹24,232.92 lakhs in Q3 FY2025).
- Profit Before Tax for the period reached ₹7,211.51 lakhs (compared to ₹8,890.99 lakhs in Q3 FY2025).
- Profit After Tax attributable to Owners of the Parent for the quarter was ₹4,697.15 lakhs.
Nine Months Ended Performance (Consolidated)
For the nine months ended December 31, 2025, the key consolidated performance indicators were:
- Total Income reached ₹60,513.35 lakhs.
- Profit Before Tax for the nine-month period was ₹23,012.96 lakhs.
- Profit After Tax attributable to Owners of the Parent totaled ₹15,775.46 lakhs.
Standalone Performance Highlights (Q3 FY2026 vs. Q3 FY2024)
In the standalone results, the Company reported:
- Revenue from Operations for Q3 FY2026 was ₹6,355.29 lakhs (versus ₹8,569.38 lakhs in Q3 FY2025).
- Standalone Profit Before Tax for the quarter was ₹4,156.89 lakhs (compared to ₹5,333.70 lakhs in Q3 FY2025).
- Standalone Profit After Tax for the nine months ended December 31, 2025, was ₹12,148.44 lakhs.
Note on Business Combination (Merger Scheme)
The financial statements reflect the impact of the Scheme of Arrangement and Merger by Absorption of Manaj Tollway Private Limited and Man Projects Limited, which became effective on February 11, 2025, with an Appointed Date of April 01, 2024. Consequently, prior period figures in both consolidated and standalone statements have been restated to reflect this business combination accounted for using the ‘Pooling of Interest’ method.
Auditor’s Review Conclusion
The review report by G. M. Kapadia & Co. confirms that, based on their procedures, nothing has come to their attention causing them to believe that the accompanying statements do not disclose the required information or contain any material misstatement, subject to the scope limitations detailed regarding subsidiaries and joint ventures reviewed by other auditors.
Source: BSE
