Man Infraconstruction Limited (MICL), a prominent construction and real estate development firm based in Mumbai, reported a robust 24% year-on-year growth in its consolidated profit after tax (PAT) for the second quarter of the fiscal year 2026. The company achieved Q2FY26 sales of ₹424 crores, doubling its sales figures compared to the same period last year. This remarkable performance can be attributed to the successful launch of its luxury residential project, Artek Park, located in the Bandra-Kurla Complex, which received an overwhelming response, generating ₹132 crores in sales since its launch in October 2025.

In addition to the strong sales performance, MICL's operational metrics also showed significant progress. The company sold 1.2 lakh square feet of carpet area in Q2FY26, contributing to total sales of ₹916 crores for the first half of the fiscal year. Collections for the quarter totaled ₹183 crores, with the company's consolidated liquidity standing at approximately ₹693 crores as of September 2025. Furthermore, MICL remains net-debt free, showcasing a solid financial position that allows it to pursue additional growth opportunities in both the domestic and international markets.

Looking ahead, MICL is poised for further expansion as it prepares to launch new luxury projects in Pali Hill and Marine Lines, both of which are in advanced stages of approval. According to Managing Director Manan Shah, the company is confident in maintaining its sales momentum and profitability, as evidenced by a healthy PAT margin of 29.5% for Q2FY26. With a strong balance sheet and a focus on high-potential micro-markets, MICL is well-positioned to capitalize on the growing demand for real estate in Mumbai and beyond.