Man Infraconstruction Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, declared First Interim Dividend of Rs. 0.45 per equity share for F.Y. 2025-26.
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The Board of Directors of Man Infraconstruction Limited, at its meeting on May 20, 2025, approved the audited consolidated and standalone financial results for the quarter and year ended March 31, 2025, with the statutory auditor (M/s G. M. Kapadia & Co.) issuing an unmodified opinion. The Board declared a First Interim Dividend of Rs. 0.45 per equity share (22.5%) on 37,52,89,565 equity shares of Rs. 2 face value, for FY 2025-26, with the record date set as May 27, 2025 and payment/dispatch on June 10, 2025. For FY25, consolidated revenue from operations declined about 12% to Rs. 1,10,806.85 lakhs (from Rs. 1,26,345.49 lakhs), though consolidated PAT after non-controlling interest rose modestly to Rs. 28,271.85 lakhs. Segment-wise, Real Estate revenue grew ~32% to Rs. 69,846.88 lakhs, while EPC revenue dropped sharply by ~49% to Rs. 41,338.66 lakhs. The Board also approved related party transactions, including material related party transactions, subject to shareholder approval via postal ballot. Standalone results were restated to give effect to the amalgamation of two wholly owned subsidiaries.
The interim dividend signals continued cash returns to shareholders, supported by a nearly debt-free balance sheet (non-current borrowings reduced to nil) and a strong equity base of over Rs. 1,84,000 lakhs. However, the notable decline in consolidated revenue and the sharp drop in the EPC segment may temper near-term sentiment, though strong growth in the Real Estate segment and the company's clean audit opinion are positives for stability.