Net profit of Man Industries (India) rose 149.06% to Rs 25.08 crore in the quarter ended June 2018 as against Rs 10.07 crore during the previous quarter ended June 2017. Sales rose 98.86% to Rs 632.56 crore in the quarter ended June 2018 as against Rs 318.10 crore during the previous quarter ended June 2017.

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Man Industries (India) will hold a meeting of the Board of Directors of the Company on 8 August 2018, to consider and approve the Unaudited financial results for the quarter ended June 30, 2018.

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Net profit of Man Industries (India) rose 132.78% to Rs 26.42 crore in the quarter ended March 2018 as against Rs 11.35 crore during the previous quarter ended March 2017. Sales rose 68.03% to Rs 489.29 crore in the quarter ended March 2018 as against Rs 291.20 crore during the previous quarter ended March 2017.

For the full year,net profit rose 92.53% to Rs 62.86 crore in the year ended March 2018 as against Rs 32.65 crore during the previous year ended March 2017. Sales rose 48.27% to Rs 1572.38 crore in the year ended March 2018 as against Rs 1060.49 crore during the previous year ended March 2017.

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The Board of Man Industries (India) has decided to disinvest/sale its shares/stake held in its wholly owned subsidiary Merino Shelters.

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