Mumbai-based real estate and infrastructure company Man Infraconstruction Limited (MICL) has announced a 22.5% second interim dividend for the financial year 2025–26. The board approved a dividend of ₹0.45 per equity share with a face value of ₹2 each. This dividend will be paid on 40,36,66,505 equity shares, marking another distribution to shareholders during the ongoing fiscal year.
The company has set November 18, 2025, as the record date to determine eligible shareholders. The dividend will be credited or dispatched on December 2, 2025. This announcement aligns with the company’s consistent approach of returning value to shareholders while maintaining its operational focus across real estate and infrastructure projects.
Alongside the dividend declaration, MICL also released its unaudited financial results for Q2 and H1 FY26. During the second quarter, the company reported a standalone total income of ₹90.1 crore, compared to ₹102.4 crore in the same period last year. Revenue from operations declined to ₹57.7 crore, down from ₹70.6 crore in Q2 FY25.
Despite the dip in revenue, MICL managed to reduce its expenses substantially to ₹46.7 crore, from ₹57.7 crore a year earlier. This cost optimization helped the company maintain stable profitability. The EBITDA margin improved to 19.1%, slightly higher than the 18.3% recorded in Q2 FY25. The company posted a profit after tax of ₹30.1 crore for the quarter, compared to ₹32.7 crore in the previous year. The PAT margin increased to 33.4% from 31.9%, indicating operational efficiency.
For the first half of FY26, MICL reported a total income of ₹239.9 crore, higher than the ₹231.5 crore recorded in H1 FY25. Profit after tax for the six-month period rose to ₹91.1 crore, up from ₹74.6 crore, with improved PAT margins at 38%.
The dividend declaration reflects the company’s intention to maintain consistent shareholder rewards while continuing its growth across the real estate and infrastructure sectors.
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