Mangalam Alloys Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Mangalam Alloys has announced a board meeting outcome, approving the audited financial results for the quarter and half-year ended March 31, 2025. The company posted a net profit of Rs. 66.17 Cr, reflecting steady operational performance. KVM & Co. has been appointed as Cost Auditors for FY25. The Rs. 49 Cr IPO proceeds have been largely deployed towards working capital, capex, and corporate expenses, with Rs. 11.7 Cr held as deposits. Liquidity remains healthy, with cash and equivalents at Rs. 3.74 Cr.