Mangalam Worldwide's Stellar Q2 FY25: Surging Profits and Robust Growth

Mangalam Worldwide Limited announces impressive Q2 FY25 results with a 226% rise in net profit and notable growth in operational efficiency. The stainless-steel firm credits its market leadership and strategic capacity utilization for its financial advancements, while an improved credit rating underscores its financial stability.

Mumbai, October 30 - Mangalam Worldwide Limited (MWL), a leading name in the stainless steel industry, has unveiled its unaudited financial results for the second quarter of the fiscal year 2025, marking a period of significant growth. The company, listed on the NSE's Emerge platform, reported a total income of Rs 239.48 crore, reflecting a year-on-year growth of 19.70%.

The company's EBITDA reached Rs 14.37 crore, showing an impressive year-on-year rise of 43.65%, while the EBITDA margin increased by 100 basis points to 6.00%. A standout figure in the report was the net profit after tax, which surged by 226.46% to Rs 6.95 crore, underlining Mangalam's robust performance and operational efficiency.

Chairman Vipin Prakash Mangal attributed this success to the company's strategic focus on enhancing operational efficiencies and meeting rising demand with high-value products. The firm's commitment to sustainable growth and market leadership is further highlighted by an improved credit rating, reinforcing its financial stability.

(With inputs from agencies.)