This order reflects robust business environment and also showcases the trust customers have in the company's technological and executional capabilities, Man Industries said in a statement.

With this new order, the unexecuted order book as on date stands at approximately Rs 1900 crore to be executed in the current financial year.

Man Industries (India) is engaged in the manufacturing and coating of large diameter carbon steel pipes, infrastructure, and realty and trading.

The company's consolidated net profit rose 4.33% to Rs 30.57 crore on a 4.08% increase in net sales to Rs 554.53 crore in Q3 FY21 over Q3 FY20.

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Man Industries (India) has received new order worth Rs 766 crore from domestic hydrocarbon sector. With this order, the unexecuted order book of the company stands at Rs 1900 crore to be executed in the current year.

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Man Industries (India) has received new orders in both domestic and export markets in oil and gas as well as water segments worth approximately Rs 500 crore.

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Man Industries (India) announced the appointment of Narendra Mairpady (DIN: 00536905) as Additional Director in the category of Independent Director for a term of 5 years with effect from 23 February 2021.

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