MAN Industries (India) announced its inclusion in Qatar Energy LNG`s approved vendor list. This significant milestone marks a key achievement in the company`s growth journey, underscoring its commitment to delivering high-quality products and services to the global energy sector. Qatar Energy LNG, formerly known as Qatargas, is world`s largest producers of liquefied natural gas (LNG) with an annual production capacity of 77 million tonnes per annum (MTPA), playing a crucial role in Qatar`s energy export strategy. Qatar is renowned for its vast natural gas reserves, particularly in the North Field, the world`s largest non-associated gas field.With this inclusion, MAN Industries (India) Limited is now recognized as a trusted partner for supplying line pipes to the critical energy sector.Powered by Capital Market - Live News

Man Industries (India) announced that Merino Shelters, Wholly-owned Subsidiary of the Company has entered into a Deed of Assignment along with granting of development rights on 31 March, 2025 for its piece and parcel of land of approx. 6 Acres Opp. D.Y. Patil Stadium, Navi Mumbai, Maharashtra with Paradise Green - Spaces LLP, part of Paradise Group.Paradise Group is a trusted name in real estate known for creating legacies through exceptional residential and commercial projects. With an unwavering commitment to delivering world-class developments, they have already completed 8 Million sq. ft. construction and 30 Million sq. ft. is being developed with their strong presence across Navi Mumbai and MMR. In view of the above, the upfront amount of Rs. 70 crore and out of total area of the developed property the Company will get 30% area i.e. equivalent to approx. 4,50,000 sq. ft. Rera carpet area (Commercial and Residential) which has a monetising value of approx. Rs. 650 - Rs. 700 crores over a period of 5 - 6 years. The total monetising value would be approx. Rs. 720 - Rs. 770 crore. Powered by Capital Market - Live News

Net profit of Man Industries (India) rose 11.50% to Rs 34.12 crore in the quarter ended December 2024 as against Rs 30.60 crore during the previous quarter ended December 2023. Sales declined 12.13% to Rs 731.94 crore in the quarter ended December 2024 as against Rs 833.02 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales731.94833.02 -12 OPM %10.767.77 - PBDT58.1058.76 -1 PBT46.8643.23 8 NP34.1230.60 12 Powered by Capital Market - Live News

Man Industries (India) has received an order of approximately Rs.250 crore. This order is expected to be delivered during the next 6 to 12 months. The total unexecuted order book as of today stands at approximately Rs.2900 crore. Powered by Capital Market - Live News

Man Industries (India) will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live News