Man Industries has announced its third quarter results of FY10. Its net profit went up to Rs 30.9 crore from Rs 2.7 crore.
Net sales declined to Rs 439.3 crore versus Rs 456.6 crore and EBITDA (earning before interest, tax, depreciation and amortisation) was up to Rs 69 crore versus Rs 26.5 crore.
Raw material cost was down from Rs 481.3 crore to Rs 229.7 crore.