Mangalam Worldwide experiences significant profit surge of 68% and revenue increase of 21% during the June quarter.
Mangalam Worldwide Ltd, an integrated stainless steel manufacturer based in Gujarat, India, has reported a robust financial performance in the first quarter of the 2025-26 fiscal year.
Vipin Prakash Mangal, the company's Chairman, attributed the growth to improved efficiencies and rising demand for stainless steel across key markets.
The company's profit after tax (PAT) for Q1 2025-26 stood at ₹10.13 crore, marking a significant 68.4% year-on-year increase from ₹6.01 crore in Q1 FY25. The total income for the quarter rose to ₹279.41 crore, up 21.37% compared to ₹230.21 crore in the same period last year.
The strong revenue expansion was accompanied by a notable increase in profitability. Mangalam Worldwide Ltd's EBITDA margins were upwards of 7.1% in the June quarter of 2025, while the adjusted EBITDA increased by 53.04% to ₹19.72 crore compared to the first quarter of FY25.
The operations of Mangalam Worldwide Ltd include scrap melting and the manufacturing of seamless pipes and tubes.
This growth indicates efficient operational management and possibly improved market demand or pricing power. The 68% surge in profit notably outpaces the 21% growth in revenue, suggesting enhanced profitability margins or better cost control in this quarter.
[1] Source: Company's official financial statement [2] Source: Business Standard [3] Source: Economic Times [4] Source: Financial Express
- The growth in Mangalam Worldwide Ltd's profit after tax (PAT) and EBITDA margins in Q1 2025-26, despite only a 21% increment in total income, indicates a potential shift in the economy's markets, favoring better cost control, improved pricing power, or efficiency in finance and business management.
- The robust financial performance of Mangalam Worldwide Ltd, an integrated stainless steel manufacturer, has been fueled by rising demand for stainless steel in key markets and improved operational efficiencies, as reported by the company's Chairman, Vipin Prakash Mangal.
- The operations of Mangalam Worldwide Ltd encompass scrap melting and the manufacturing of seamless pipes and tubes, contributing to the industry's growth and influencing trade patterns within the markets.
- The business sector has been closely monitoring Mangalam Worldwide Ltd's financial progress in the 2025-26 fiscal year, with media outlets such as Business Standard, Economic Times, and Financial Express addressing the company's significant increase in PAT and EBITDA margins. [1] [2] [3]
- As a result of improved efficiencies and increasing demand for stainless steel, Mangalam Worldwide Ltd, a manufacturing powerhouse in the steel industry, looks poised to extend its growth trajectory in the upcoming quarters, adding prestige to the country's manufacturing sector and the broader national economy.
