Man Infraconstruction's Q1FY26 Performance: Sales of ₹492 Crore, Liquidity Strengthens to ₹800 Crores

Man Infraconstruction Limited (MICL), a leading construction and real estate development company based in Mumbai, announced its financial results for the quarter ended 30 June 2025 (Q1FY26). The company reported sales of ₹492 crore, led by the Aaradhya Avaan project at Tardeo and the recently launched JadePark at Vile Parle West. Collections remained steady at ₹234 crores. The first two towers of Aaradhya Parkwood at Dahisar have achieved terrace slab completion for the 36-storey structure in under 36 months. The 38-storey member tower of Aaradhya Avaan at Tardeo is nearing completion and expected to be handed over in the next 4-5 months. MICL's consolidated liquidity stood at ~₹800 crores as on 31st July, following the successful raising of ₹512 crore through the conversion of 3.24 crore equity warrants. The company has a total investment of ₹1,235 crores in its Real Estate Projects as on Jun-25. MICL plans to launch around 7.4 lakh sq. ft. of carpet area in FY26, with an estimated sales potential of ₹3,400 crores.