Mangalam Worldwide’s Consolidated Q2 FY25 Net Profit Soars Impressively By 226 Percent
Mumbai (Maharashtra) [India], October 30: Mangalam Worldwide Limited (MWL) (NSE EMERGE – MWL), a fully integrated stainless-steel company, reported Unaudited Financial Results for the Q2 FY25 and H1 FY25.
Consolidated Key Financial Highlights
Q2 FY25:
• Total Income of ₹ 239.48 Cr, YoY growth of 19.70%
• EBITDA of ₹ 14.37 Cr, YoY growth of 43.65%
• EBITDA Margin of 6.00%, YoY growth of 100 Bps
• Net Profit After Tax of ₹ 6.95 Cr, YoY growth of 226.46%
• PAT Margin of 2.90%, YoY growth of 184 Bps
• Diluted EPS of ₹ 2.52, YoY growth of 207.32%
H1 FY25:
• Total Income of ₹ 469.70 Cr, YoY growth of 16.78%
• EBITDA of ₹ 27.25 Cr, YoY growth of 53.79%
• EBITDA Margin of 5.80%, YoY growth of 140 Bps
• Net Profit After Tax of ₹ 12.97 Cr, YoY growth of 154.16%
• PAT Margin of 2.76%, YoY growth of 149 Bps
• Diluted EPS of ₹ 4.69, YoY growth of 140.51%
Commenting on the Financial performance, Mr. Vipin Prakash Mangal, Chairman of Mangalam Worldwide Limited said, “With a remarkable 226% surge in net profit for Q2 FY25, we have reinforced our resilience and unwavering commitment to growth, driven by enhanced operational efficiencies. Supported by a strong demand outlook, we are strategically utilizing our capacity to deliver high-quality, value-added products that uphold our market leadership and foster sustainable growth. Our focused initiatives on operational improvements and high-value products are set to further strengthen our financial position. Our credit rating has been improved from Acuité Ratings & Research Limited, affirming our financial stability. We are confident that these efforts will drive enduring value for our customers and sustained growth into the future.” |
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.