India: MAN Industries delivers strong financial performance in FY’21

India: MAN Industries delivers strong financial performance in FY ’21

MAN Industries (India) Limited, one of the leading large diameter pipe manufacturing companies in the country, has announced its consolidated financial results for the year ended 31 Mar ’21.

Highlights:

  • Total income is reported at INR 21,110 million in FY ’21, marking a y-o-y growth of nearly 19% compared to FY ’20.
  • EBITDA stood at INR 2,358 million, up 28% y-o-y, with an EBITDA margin of 11.2%.
  • Profit After Tax (PAT) stood at INR 1,009 million, a growth of 82% y-o-y, with a PAT margin of 4.8%.

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