Man Infraconstruction, a Quant Mutual Fund-owned realty stock, saw a significant rise in its share price following the announcement of a new subsidiary. The company's long-term performance has been impressive, with shares soaring over 1,076.47% in five years.
Real EstateStock MarketMan InfraconstructionSubsidiaryFinancial ResultsReal Estate NewsJun 20, 2025
The new subsidiary company formed by Man Infraconstruction is named MICL Shreepati August LLP.
Man Infraconstruction's net profit surged by 50% year-on-year (YoY) to ₹97.15 crore in Q4 FY25, up from ₹64.65 crore in the same quarter last year.
The primary purpose of the new subsidiary, MICL Shreepati August LLP, is to engage in real estate and related activities.
Man Infraconstruction's revenue from operations registered a notable 21% growth from ₹242 crore in the previous quarter to ₹294 crore in Q4 FY25.
Man Infraconstruction declared its first interim dividend of ₹0.45 per equity share for the Financial Year 2025-26.
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