Mangalam Worldwide Limited — Updates, 25-01-2025: Press Release

Mangalam Worldwide Limited (MWL) reported a strong performance for the first nine months of FY25, showcasing an impressive 89% year-on-year increase in net profit, which reached ₹21.05 Cr. Total income for the period stood at ₹741.47 Cr, reflecting a 27.09% growth from ₹583.44 Cr in the same period last year. EBITDA also saw a significant rise, totaling ₹44.29 Cr, up 55.07% compared to FY24. Furthermore, diluted EPS increased by 69.79% to ₹7.42, supported by a rise in paid-up capital to ₹29.70 Cr, bolstered by promoter investments through warrant conversions.

The company's strategic focus on operational excellence and innovation has enabled enhanced efficiencies and responsiveness to rising stainless-steel demand across key markets. This momentum signals a positive outlook, potentially positioning MWL for continued growth and value creation for stakeholders as it capitalizes on market opportunities. Investors should watch for further developments as the company strengthens its market position.