
Man Infraconstruction PAT Grows 14% YoY to ₹63 Cr in Q2 FY27
Man Infraconstruction Limited (MICL Group) announced its un-audited financial results for the quarter and half-year ended September 30, 2026. Consolidated Profit After Tax (PAT) grew by 14% year-on-year (YoY) to ₹63 crores in Q2 FY27 and by 21% YoY to ₹134 crores in H1 FY27. Revenue from Operations for Q2 FY27 increased by 57% YoY to ₹266 crores, while for H1 FY27, it grew by 30% YoY to ₹484 crores. The company also announced an open-market buyback of up to ₹169 crores, of which 75.2% has been completed. MICL has recouped its ₹300+ crores investment in the Marine Lines Project through a collaboration with Godrej Properties Group and will benefit from a revenue-sharing arrangement. The company has a strong pipeline of projects in South Mumbai and Bandra with an estimated Gross Development Value of over ₹9,500 crores.
Key Highlights
- Consolidated PAT grew 14% YoY to ₹63 Cr in Q2 FY27 and 21% YoY to ₹134 Cr in H1 FY27.
- Revenue from Operations surged 57% YoY to ₹266 Cr in Q2 FY27.
- Open-market buyback of ₹169 Cr is 75.2% complete.
- Investment in Marine Lines Project recouped; revenue sharing with Godrej Properties.
- Pipeline of projects valued at over ₹9,500 Cr in South Mumbai and Bandra.
Price Impact
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