The stock of construction company Man Infraconstruction Ltd is trading in the green today. As of 1:25 pm the stock was trading at Rs 135.90 up 0.22 percent or Rs 0.30 on the NSE while on the BSE it was trading at Rs 136.24 down 0.46 percent or Rs 0.63. The stock in focus as the company has released its September quarter (Q2 FY26) results. The company said that its consolidated net profit increased by 27.27 percent to Rs 60.01 crore in Q2 FY26 while revenue declined by 28 percent to Rs 148.75 crore. Profit before tax in the September 2025 quarter was ₹78.06 crore which is an increase of 23.9% on a year-on-year basis. The companys EBITDA increased by 32.61% to ₹36.6 crore. However EBITDA margin decreased from 12% to 24.6%. The company reduced total expenses by 43.74% to ₹116.93 crore in the quarter. Despite this raw material costs stood at ₹51.41 crore registering a growth of 28.27% while employee expenses stood at ₹16.61 crore up 9.42%. Segment-wise real estate revenues were ₹86.42 crore a decline of 44.15%. EPC segment revenues were ₹63.09 crore a decline of 16.89%. The company recorded collections of ₹183 crore in Q2FY26 and ₹417 crore in H1FY26. On a half-year basis net profit fell 10.1% to ₹118.33 crore while operating revenues declined 42.01% to ₹331.65 crore. Manan Shah Managing Director Man Infraconstruction said Our consolidated PAT grew 24% YoY in Q2FY26 and recorded a healthy PAT margin of 29.5%. MICL has achieved steady profitability improvement due to its focus on the bottom line. At the start of the festive season the group launched its luxury project Artek Park in BKC. We are maintaining strong sales momentum in existing projects and upcoming launches will further boost growth in the coming quarters. With a strong balance sheet and ample liquidity the company is well-positioned to capitalise on opportunities in domestic and international micro-markets. The company has announced its second interim dividend for FY26. The company stated that it will pay shareholders a dividend of 22.5% i.e. an interim dividend of ₹0.45 per equity share of face value ₹2. The company has set the record date for the interim dividend as November 18th and the payment date as December 2nd.
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