The official announcement was made on 15 January 2025 after the market hours.
Man Industries is a leading manufacturer and exporter of large-diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products, and potable water.
The company's consolidated net profit slipped 18.4% to Rs 31.86 crore on a 20.8% decline in revenue from operations to Rs 806.23 crore in Q2 FY25 over Q2 FY24.