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Pipe manufacturer Man Industries (India) Ltd on Wednesday posted an over four-fold jump in consolidated net profit to Rs 17.11 crore for the June quarter, helped by increased income.
The company had posted a net profit of Rs 3.63 crore during the same period a year ago, it said in a BSE filing.
Total income increased to Rs 410.10 crore during the quarter under review, from from Rs 244.87 crore earlier.
Total expenses also rose to Rs 386.23 crore from Rs 240.64 crore in April-June period of the preceding fiscal.
In a separate statement, the company's Chairman R C Mansukhani
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