Leading pipe manufacturer MAN Industries Limited has reported net profit at INR 25.9 crore during Q4 FY ’21, up 108% compared to INR 12.5 crore in the year-ago period. The company’s revenue declined nearly 21% to INR 540.1 crore in the quarter against INR 681.6 crore in Q4 FY ’20. Net EBITDA stood at INR 41.7 crore-a decline of 28% in Q4 FY ’21 compared to INR 58.2 crore in the same period last year.
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