MAN Industries PAT rises to Rs 82 cr in Q2
A quarterly results development with market-wide reach.
· ET Stocks, Economic Times Markets
MAN Industries (India) Ltd has announced a substantial increase in consolidated profit after tax during the September quarter. The company's revenue from operations also saw a notable rise year-on-year, reflecting strong performance. The acquisition of National Pipe Company has positively impacted scale and profitability for the firm.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Related coverage
Stock under ₹100: Turtlemint hits 5% upper circuit as Q2 loss narrows 67%
Jagatjit Industries Q2 net loss narrows to Rs 4 cr, revenue rises 90%
Eicher Motors posts 15% rise in Q2 profit as Royal Enfield sales hit record
Black Box Q2 profit rises 30.6% to ₹72.6 crore; revenue up 22.2%
Zetwerk's Q2 loss widens 43% to ₹88 crore; order book hits record high