Man Industries Q2 FY27 Profit Rises 122% to Rs 82 Crore

Man Industries (India) Ltd reported Q2 FY27 net profit of Rs 82 crore, up 121.6% year-on-year, as revenue from operations increased 45.1% to Rs 1,210 crore in the September 2026 quarter. The result reflects higher revenue, stronger reported EBITDA and an expansion in profit margins compared with the year-ago quarter.

What did Man Industries report for Q2 FY27?

Man Industries reported revenue from operations of Rs 1,210 crore for Q2 FY27, compared with Rs 834 crore in Q2 FY26. The 45.1% year-on-year increase was accompanied by a 14.9% sequential increase in revenue, according to the company's Q2 FY27 investor presentation.

Total income for the quarter stood at Rs 1,216 crore, up 49.3% from Rs 815 crore in the corresponding quarter of the previous financial year. The company reported net profit of Rs 82 crore, marking a 121.6% year-on-year increase and a 34.4% quarter-on-quarter increase.

The quarterly figures were disclosed in Man Industries' Q2 FY27 investor presentation published on November 12, 2026. The available information is based on the presentation and results filing, as no earnings-call transcript for the quarter has been published.

How did Man Industries' profitability change in the September quarter?

Man Industries' EBITDA was reported at Rs 190 crore in its investor presentation, up 86.6% year-on-year, with EBITDA margin at 15.6%, an increase of 310 basis points from a year earlier. PAT margin rose by 220 basis points to 6.7%.

The company's results filing table reported operating profit, or EBITDA, of Rs 184 crore and an operating margin of 15.2% for Q2 FY27. It also reported profit before tax of Rs 122 crore, net profit of Rs 82 crore and earnings per share of Rs 10.93.

The two disclosures use different reported EBITDA and margin figures. The investor presentation specifically notes EBITDA of Rs 190 crore and a 15.6% margin, while the filing table lists operating profit of Rs 184 crore and a 15.2% operating margin. Both disclosures show that profitability improved from the year-ago period.

What were Man Industries' key Q2 FY27 financial figures?

Man Industries' Q2 FY27 performance showed growth across revenue, EBITDA and profit after tax. Revenue rose at a slower rate than net profit, while the reported margin measures increased year-on-year.

The company also reported that revenue rose 14.9% sequentially and PAT increased 34.4% from the preceding quarter. These quarter-on-quarter metrics indicate that the improvement was not limited to comparison with the lower base of Q2 FY26.

Why do the Q2 FY27 results matter for investors?

Man Industries' results matter because the company reported a substantial rise in both sales and profitability during the September 2026 quarter. Revenue growth of 45.1% was followed by a 121.6% increase in PAT, while the investor presentation showed higher EBITDA and PAT margins.

For investors, the reported 310-basis-point increase in EBITDA margin and 220-basis-point increase in PAT margin are relevant alongside the revenue increase. The results filing also puts earnings per share at Rs 10.93 for the quarter, providing a per-share measure of the reported profit.

The reported figures do not include management guidance in the provided material. In particular, the company has not published an earnings-call transcript for the quarter, so there is no disclosed management commentary in the available information on future revenue, margins, capital expenditure or other operating targets.

What information is available after Man Industries' quarterly disclosure?

Man Industries has provided Q2 FY27 revenue, total income, profitability and margin data through its investor presentation and results filing. The disclosures establish the company's reported financial performance for the quarter ended September 2026.

However, the available material does not provide an earnings-call transcript or management guidance for the quarter. Investors assessing the result therefore have reported quarterly figures and year-on-year or sequential changes, but no additional company commentary on forward operating expectations in the supplied information.

Conclusion

Man Industries delivered higher Q2 FY27 revenue and a faster increase in net profit, reporting Rs 1,210 crore in revenue from operations and Rs 82 crore in PAT. The quarter also showed improved reported EBITDA and PAT margins, although the investor presentation and filing table present different EBITDA and operating-margin figures.

The next point to watch is any further company disclosure following the Q2 FY27 presentation, particularly an earnings-call transcript or management guidance. The currently available material does not state future targets, capital-expenditure plans or an outlook for revenue and margins.