Mangal Electrical Industries reported financial results for the quarter and half-year. Revenue grew 40% to ₹125.8 Cr, with PAT up 101% to ₹7.5 Cr. Volume grew 32%, and the company acquired land for expansion.
Mangal Electrical Industries reported Q1 revenue at ₹125.8 Cr (+40% YoY), with PAT at ₹7.5 Cr (+101% YoY). Volume growth in CRGO and transformer business drove performance. Industrial land acquired for expansion.
Mangal Electrical Industries acquired industrial land for ₹8.00 Cr for manufacturing expansion and future growth, augmenting capacity and supporting long-term strategy.
Mangal Electrical Industries Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company has a board meeting scheduled to discuss these results.
Mangal Electrical achieved 20% volume growth despite falling CRGO prices impacting value growth. Capacity expansion is ongoing, with a new transformer plant planned to boost high-voltage capabilities.
