Mangalam Worldwide Limited — Updates, 30-10-2024: Press Release

Mangalam Worldwide Limited reported a significant increase in its Q2 FY25 financial results, with net profit rising 226% to ₹6.95 crore and total income reaching ₹239.48 crore, a 19.7% year-over-year increase. EBITDA also improved by 43.65%, elevating margins to 6%. For H1 FY25, net profit rose 154.16%. The Chairman highlighted the company’s operational efficiencies and strong demand outlook, bolstering confidence in sustained growth and enhanced credit ratings.