Stainless-steel manufacturer Mangalam Worldwide has reported an 81 per cent rise in consolidated net profit to Rs 15.37 crore during the quarter ended March 31, supported by lower expenses.
It had reported a net profit of Rs 8.47 crore in the year-ago period, the company said in an exchange filing on Wednesday.
The company reduced its expenses to Rs 250 crore from Rs 318 crore in the January-March period of FY25.
The income in the fourth quarter was lower at Rs 266.50 crore against Rs 324.56 crore in the year-ago period.
For the entire 2025-26, the income stood at Rs 1,214.98 crore, up 14 per cent from Rs 1,066.03 crore in FY25.
Gujarat-based Mangalam Worldwide operations range from scrap melting to the manufacturing of seamless pipes and tubes. PTI
It had reported a net profit of Rs 8.47 crore in the year-ago period, the company said in an exchange filing on Wednesday.
The company reduced its expenses to Rs 250 crore from Rs 318 crore in the January-March period of FY25.
The income in the fourth quarter was lower at Rs 266.50 crore against Rs 324.56 crore in the year-ago period.
For the entire 2025-26, the income stood at Rs 1,214.98 crore, up 14 per cent from Rs 1,066.03 crore in FY25.
Gujarat-based Mangalam Worldwide operations range from scrap melting to the manufacturing of seamless pipes and tubes. PTI
