Mangalam Worldwide Limited — Updates, 01-05-2025: Press Release
01-05-2025 | 04:22 pm
01-05-2025 | 04:22 pm
Mangalam Worldwide has announced a board meeting on the financial results for the quarter and half-year. FY25 standalone net profit jumped 46%, with revenue up 29.6% to ₹1066 Cr and EBITDA rising 42.3% to ₹59 Cr. EBITDA margin improved to 5.54%, net profit margin to 2.76%. Growth driven by a new subsidiary expanding trading operations, focus on value-added products, and a 1200 KWp rooftop solar plant reducing costs and emissions. Credit ratings hold steady at 'BBB+' (long-term) and 'A2' (short-term).
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