Mangalam Global Enterprise Limited — Others, 18-01-2025: Appointment

Mangalam Global Enterprise Limited has announced a board meeting to discuss its financial results for the quarter and nine months ended December 31, 2024. The standalone revenue from operations stood at ₹465.77 crore, with a net profit of ₹6.01 crore, up from ₹4.07 crore year-on-year. Consolidated results showed revenues of ₹502.16 crore and a net profit of ₹6.33 crore. Additionally, the board approved the appointment of SCS & Co. LLP as the company’s Secretarial Auditor for FY 2024-25. This shift into a B2C segment with new product launches could enhance growth prospects, signaling a positive outlook for investors, despite potential risks from ongoing operational adjustments.