{"id":45010,"date":"2024-10-30T18:05:13","date_gmt":"2024-10-30T12:35:13","guid":{"rendered":"https:\/\/businesspoint.co.in\/index.php\/2024\/10\/30\/mangalam-worldwides-consolidated-q2-fy25-net-profit-soars-impressively-by-226-percent\/"},"modified":"2024-10-30T18:05:13","modified_gmt":"2024-10-30T12:35:13","slug":"mangalam-worldwides-consolidated-q2-fy25-net-profit-soars-impressively-by-226-percent","status":"publish","type":"post","link":"https:\/\/businesspoint.co.in\/index.php\/2024\/10\/30\/mangalam-worldwides-consolidated-q2-fy25-net-profit-soars-impressively-by-226-percent\/","title":{"rendered":"Mangalam Worldwide\u2019s Consolidated Q2 FY25 Net Profit Soars Impressively By 226 Percent"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], October 30: <\/strong>\u00a0Mangalam\u00a0Worldwide Limited (MWL) (NSE EMERGE \u2013 MWL<\/strong>)<\/strong>,\u00a0a fully integrated stainless-steel company, reported Unaudited Financial Results for the Q2 FY25 and H1 FY25.<\/p>\n

Consolidated<\/strong>\u00a0Key Financial Highlights<\/strong><\/p>\n

Q2 FY25:<\/u><\/strong><\/p>\n

\u2022\u2002Total Income of\u00a0\u20b9\u00a0239.48 Cr, YoY growth of 19.70%<\/p>\n

\u2022\u2002EBITDA of\u00a0\u20b9\u00a014.37 Cr, YoY growth of 43.65%<\/p>\n

\u2022\u2002EBITDA Margin of 6.00%, YoY growth of 100 Bps<\/p>\n

\u2022\u2002Net Profit After Tax of\u00a0\u20b9\u00a06.95 Cr, YoY growth of 226.46%<\/p>\n

\u2022\u2002PAT Margin of 2.90%, YoY growth of 184 Bps<\/p>\n

\u2022\u2002Diluted EPS of\u00a0\u20b9\u00a02.52, YoY growth of 207.32%<\/p>\n

H1 FY25:<\/u><\/strong><\/p>\n

\u2022\u2002Total Income of\u00a0\u20b9\u00a0469.70\u00a0Cr, YoY growth of 16.78%<\/p>\n

\u2022\u2002EBITDA of\u00a0\u20b9\u00a027.25 Cr, YoY growth of 53.79%<\/p>\n

\u2022\u2002EBITDA Margin of 5.80%, YoY growth of 140 Bps<\/p>\n

\u2022\u2002Net Profit After Tax of\u00a0\u20b9\u00a012.97 Cr, YoY growth of 154.16%<\/p>\n

\u2022\u2002PAT Margin of 2.76%, YoY growth of 149 Bps<\/p>\n

\u2022\u2002Diluted EPS of\u00a0\u20b9\u00a04.69, YoY growth of 140.51%<\/p>\n\n\n\n
Commenting on the Financial performance, Mr. Vipin Prakash Mangal, Chairman of Mangalam Worldwide Limited said,<\/strong>\u00a0\u201cWith a remarkable 226% surge in net profit for Q2 FY25, we have reinforced our resilience and unwavering commitment to growth, driven by enhanced operational efficiencies. Supported by a strong demand outlook, we are strategically utilizing our capacity to deliver high-quality, value-added products that uphold our market leadership and foster sustainable growth.<\/p>\n

Our focused initiatives on operational improvements and high-value products are set to further strengthen our financial position. Our credit rating has been improved from Acuit\u00e9 Ratings & Research Limited, affirming our financial stability. We are confident that these efforts will drive enduring value for our customers and sustained growth into the future.\u201d<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], October 30: \u00a0Mangalam\u00a0Worldwide Limited (MWL) (NSE EMERGE […]<\/p>\n","protected":false},"author":2,"featured_media":45011,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2],"class_list":["post-45010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/45010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=45010"}],"version-history":[{"count":0,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/45010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media\/45011"}],"wp:attachment":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=45010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=45010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=45010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}