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  1. Man Industries Q2 results: Net profit jumps 121% YoY to ₹82 crore; shares jump 125% YTD

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Man Industries Q2 results: Net profit jumps 121% YoY to ₹82 crore; shares jump 125% YTD

image Rohan Takalkar

1 min read | Updated on November 12, 2026, 15:10 IST

SUMMARY

Consolidated revenue from operations for the quarter surged 45% YoY to ₹1,210 crore for the quarter ended September 2026, as compared to ₹834 crore in the same period last year.

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Man Industries shares

Man Industries (India) has a total market capitalisation of ₹6,518 crore as of November 12, 2026, according to data on the NSE.

Shares of Man Industries jumped nearly 5% on Thursday afternoon after the company announced quarterly earnings for Q2FY27. Man Industries is engaged in the manufacturing of large-diameter carbon steel pipes and coating systems for the oil & gas sector. The company’s shares delivered phenomenal returns in 2026 on a YTD basis.

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Management Commentary

“Q2 FY27 was a landmark quarter for MAN Industries, with consolidated EBITDA of ₹190 crore, the highest-ever for a quarter, up 86.6% year-on-year. The acquisition of NPC has added scale and profitability to our business, and its integration is progressing well”.With a consolidated order book of ~₹3,500 crore, our Jammu and Dammam facilities progressing towards commissioning, and our planned US facility, we are well positioned to build a larger, more integrated global pipeline solutions business.”

Man Industries share price performance

The company delivered strong share price performance in 2026 on a YTD basis at 126%. On a trailing twelve-month basis, the shares have delivered returns of 129%.

About The Author

image Rohan Takalkar
Rohan Takalkar is a senior writer at Upstox and a seasoned capital markets analyst with over 10 years of experience. He is passionate about writing on equities, global markets, and the economy.

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