Man Industries (India) has reported results for first quarter ended June 30, 2012.
The company has reported rise of 9.63% in its net profit at Rs 25.85 crore for the quarter under review as compared to Rs 23.58 crore for the same quarter in the previous year. However, the total income of the company has decreased by 30% to Rs 326.37 crore for Q1FY13 as compared Rs 466.23 crore for the corresponding quarter previous year.
Man Industries is an ISO 9001/14001/18001 accredited company and a leading manufacturer of SAW Pipes and coating system for high pressure Oil & Gas applications with a potential production capacity of approximately one million MT of SAW Pipes per annum.
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