Man Infraconstruction’s board meeting to consider first interim dividend of FY 2025-26 soon – Check details
GH News May 13, 2025 06:06 PM
Stock market update: BSE Smallcap company Man Infraconstruction has informed exchanges that its board of directors will meet on May 20 2025 to consider and approve the payment of the first interim dividend for FY 2025-26 along with the financial results for the quarter and year ended March 31 2025. The board will also consider the financial results for the quarter and year ended March 31 2025. Share Price The stock of the company started the session in green at Rs 159.95 against the previous close of Rs 159.15. The scrip gained further to touch an intraday high of Rs 165 during the session. The intraday low of the stock was Rs 157.30. The 52-week high of the stock is Rs 262.50 and the 52-week low is Rs 135.05. The market cap of the civil construction is Rs 5464.22 crore. Q3 Results The company posted an 88 per cent rise in its standalone net profit at Rs 39.14 crore for the December quarter on reduced expenses. In the same quarter a year ago it had posted Rs 20.76 crore profit the company said in an exchange filing. Total income fell to Rs 116.65 crore from Rs 124.22 crore in the October-December period a year ago. Expenses slipped to Rs 68.53 crore from Rs 95.77 crore. Earlier Jawaharlal Nehru Port Authority issued the Letter of Award (LoA) to Trident Agrocom Exports and Man Infraconstruction consortium for the development of a Rs 284-crore agro facility at its port. Once operational the export-import-cum-domestic agricultural commodity-based processing and storage facility coming up on a 27-acre land parcel within the port complex is expected to handle about 1.2 million tonnes of cargo annually. EPC firm Man Infraconstruction is into verticals like ports infrastructure commercial projects institutions IT projects and futuristic lifestyle houses. (With PTI inputs)
© Copyright @2025 LIDEA. All Rights Reserved.