Man Infraconstruction Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	7,787	11,081	12,635	18,903	9,615	4,272
Revenue Growth (YoY)	-29.91%	-12.30%	-33.16%	96.61%	125.09%	60.00%
Cost of Revenue	3,525	5,248	6,642	11,577	5,167	2,311
Gross Profit	4,263	5,832	5,992	7,326	4,448	1,960
Selling, General & Admin	1,222	1,200	1,236	1,101	734.8	445.64
Other Operating Expenses	876.68	1,390	1,545	2,080	1,237	545.1
Operating Expenses	2,210	2,673	2,880	3,293	2,065	1,082
Operating Income	2,052	3,159	3,112	4,033	2,383	878.05
Interest Expense	-52.56	-77.2	-216.4	-497.91	-596.51	-564.24
Interest & Investment Income	1,152	1,152	770.94	389.41	1,898	152.12
Earnings From Equity Investments	184.78	-236.26	191.53	48.36	13.14	12.23
Other Non Operating Income (Expenses)	257.04	-53.57	-112.85	-66.14	-11.72	47.08
EBT Excluding Unusual Items	3,594	3,944	3,745	3,907	3,685	525.22
Impairment of Goodwill	-	-	52.07	-6.27	-	-
Gain (Loss) on Sale of Investments	55.45	55.45	57.81	53.8	79.93	0.6
Gain (Loss) on Sale of Assets	7.21	7.21	116.93	15.69	23.84	25.28
Pretax Income	3,657	4,007	3,972	3,970	3,789	551.1
Income Tax Expense	985.52	878.54	938.74	1,081	803.7	217.66
Earnings From Continuing Operations	2,671	3,128	3,033	2,890	2,985	333.45
Minority Interest in Earnings	-324.32	-300.92	-29.47	-303.83	-821.65	-13.29
Net Income	2,347	2,827	3,004	2,586	2,164	320.15
Net Income to Common	2,347	2,827	3,004	2,586	2,164	320.15
Net Income Growth	-13.42%	-5.88%	16.17%	19.51%	575.78%	-
Shares Outstanding (Basic)	389	373	371	371	371	371
Shares Outstanding (Diluted)	389	373	373	371	371	371
Shares Change (YoY)	1.93%	-0.07%	0.45%	-	-	-
EPS (Basic)	6.03	7.59	8.09	6.96	5.83	0.86
EPS (Diluted)	6.03	7.59	8.06	6.96	5.83	0.86
EPS Growth	-15.12%	-5.87%	15.80%	19.43%	577.64%	-
Free Cash Flow	-	1,300	5,726	4,406	1,868	783
Free Cash Flow Per Share	-	3.49	15.35	11.87	5.03	2.11
Dividend Per Share	0.900	0.900	1.620	0.900	1.260	0.600
Dividend Growth	-37.50%	-44.44%	80.00%	-28.57%	110.00%	63.62%
Gross Margin	54.74%	52.63%	47.43%	38.76%	46.26%	45.89%
Operating Margin	26.36%	28.51%	24.63%	21.34%	24.78%	20.56%
Profit Margin	30.14%	25.52%	23.78%	13.68%	22.50%	7.50%
Free Cash Flow Margin	-	11.73%	45.32%	23.31%	19.43%	18.33%
EBITDA	2,123	3,242	3,212	4,146	2,476	977.07
EBITDA Margin	27.27%	29.26%	25.42%	21.93%	25.75%	22.87%
D&A For EBITDA	70.89	83.16	99.52	112.36	93.34	99.02
EBIT	2,052	3,159	3,112	4,033	2,383	878.05
EBIT Margin	26.36%	28.51%	24.63%	21.34%	24.78%	20.56%
Effective Tax Rate	26.95%	21.93%	23.63%	27.22%	21.21%	39.50%
Revenue as Reported	9,330	12,312	13,602	19,383	11,627	4,520
Advertising Expenses	-	45.19	75.75	74.01	42.06	14.01

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.