Indian API pipe producer MAN Industries Limited has reported a consolidated net profit of INR 434.70 million ($5.21 million) in the second quarter (July-September) of the fiscal year 2023-24, up 769.80 percent year on year, according to a company regulatory filing on Tuesday, November 14.
The company reported total sales revenue of INR 10 billion ($120.95 million) during the quarter, up 134.62 percent over the corresponding quarter of the previous fiscal year.