MICL Reports ₹447 Crore Q3FY26 Sales; Artek Park at BKC Clocks ₹140 Crore in Launch Quarter

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Mumbai, February 11, 2026: Man Infraconstruction Limited (NSE: MANINFRA, BSE: 533169) announced its unaudited financial results for the quarter and nine months ended December 31, 2025, highlighting strong sales traction led by the launch of its ultra-luxury project ‘Artek Park’ at Bandra-Kurla Complex (BKC).
The company recorded ₹447 crore in sales during Q3FY26, while cumulative sales for 9MFY26 stood at ₹1,362 crore. The newly launched Artek Park project generated ₹140 crore in sales in Q3FY26 against an estimated total sales potential of ₹850 crore.

Operational Performance​

During the quarter, MICL sold 1.2 lakh sq. ft. of carpet area, taking the nine-month total to 3.9 lakh sq. ft., driven primarily by ongoing projects across Tardeo, BKC, Vile Parle (West), and Dahisar.
Collections for Q3FY26 stood at ₹294 crore, while 9MFY26 collections were reported at ₹711 crore.

Key Operational Highlights​

PeriodCarpet Area SoldSalesCollections
Q3FY261.2 Lakh Sq. Ft.₹447 crore₹294 crore
9MFY263.9 Lakh Sq. Ft.₹1,362 crore₹711 crore

Financial Performance​

On a consolidated basis, total income for Q3FY26 stood at ₹192 crore, with Profit Before Tax at ₹72 crore and Net Profit at ₹47 crore.
For the nine-month period, total income was ₹605 crore, Profit Before Tax came in at ₹230 crore, and Net Profit stood at ₹158 crore.

Key Consolidated Financial Highlights​

PeriodTotal IncomePBTNet Profit
Q3FY26₹192 crore₹72 crore₹47 crore
9MFY26₹605 crore₹230 crore₹158 crore

Balance Sheet Strength​

As of December 2025, MICL reported consolidated liquidity of approximately ₹723 crore and continued to remain net-debt free at the consolidated level. On a standalone basis, the company had total investments of approximately ₹1,362 crore in its real estate projects.

Management Commentary​

Manan Shah, Managing Director of Man Infraconstruction Limited, said the company’s luxury residential project Artek Park at BKC generated ₹140 crore in sales during the quarter, while ongoing projects maintained steady sales momentum.
He noted that the Mumbai Metropolitan Region residential market remains structurally stable, supported by limited land availability and end-user-driven demand. Buyers, including entrepreneurs and high-income professionals, continue to prefer well-designed homes with lifestyle amenities in established micro-markets.
The company is also engaged in select redevelopment proposals in Mumbai, several of which are at advanced stages of discussion, aligned with its premium to luxury residential focus. Backed by a strong balance sheet and comfortable liquidity, MICL remains positioned to explore growth opportunities across high-potential micro-markets in domestic and international regions.

About Man Infraconstruction Limited​

Man Infraconstruction Limited is headquartered in Mumbai and operates through two business verticals: EPC (Engineering, Procurement and Construction) and Real Estate Development. With over six decades of EPC experience, the company has executed projects across ports, residential, commercial, industrial, and road construction segments across India. As a real estate developer, the group has delivered multiple residential projects in Mumbai and is known for quality construction and timely delivery.

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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