Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mangalam Worldwide Ltd. ( (IN:MWL) ) has shared an update.
Mangalam Worldwide Limited reported strong financial performance for the quarter ended 31 December 2025, with Q3 FY26 total income rising 29% year-on-year to ₹350.56 crore and profit after tax jumping 75% to ₹14.03 crore. For the first nine months of FY26, total income grew 28% to ₹948.48 crore, while PAT increased 66% to ₹34.66 crore, supported by an improvement in EBITDA margin to 7.59% in Q3. Alongside the earnings, the company announced it is proceeding with the installation of a 10.4 MW DC ground-mounted solar power plant for captive consumption at its Halol unit in Gujarat, under a 25-year land lease, which will lift its total solar capacity to 11.6 MW and further its renewable energy and sustainability agenda while potentially reducing power costs and strengthening its competitive position.
More about Mangalam Worldwide Ltd.
Mangalam Worldwide Limited is a leading fully integrated stainless-steel manufacturer based in India, offering a broad range of stainless-steel products with a focus on operational efficiency and integrated capabilities across its production chain.
For detailed information about MWL stock, go to TipRanks’ Stock Analysis page.