Man Industries (India)'s (NSE:MANINDS, BOM:513269) consolidated attributable net profit declined to 508.5 million Indian rupees in the fiscal fourth quarter ended March 31, from 681.5 million rupees a year ago.
Earnings per share contracted to 7.00 rupees from 8.82 rupees a year ago, the pipes manufacturer said in a filing to the Indian stock exchanges on Monday.
Revenue from operations in fiscal Q4 also fell to 11.6 billion rupees from 12.2 billion rupees a year ago.