Mangalam Worldwide Q2 PAT Rises 31% to Rs 13 Cr

New Delhi: Fully integrated stainless steel manufacturer Mangalam Worldwide Ltd on Monday said its profit after tax (PAT) in the second quarter of the current fiscal rose by 30.9 per cent to Rs 13.82 crore.

The PAT was Rs 10.55 crore in the July-September FY26.

Total income increased to Rs 361 crore from Rs 319 crore, Mangalam Worldwide said in a statement.

During the quarter, exports continued to contribute to the company’s growth, supported by its presence across more than 30 countries. The export revenue stood at Rs 63.86 crore during the quarter, a 3.55 times rise as compared to Q2 of the last fiscal.

The company said it remains focused on expanding its international customer base and strengthening its presence across key markets.

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“Our Q2 FY27 performance reflects our continued focus on operational efficiency, business growth and strengthening our position in the stainless steel industry. We remain committed to expanding our value-added product portfolio, improving profitability and building on the opportunities emerging across domestic and international markets,” Managing Director Chandragupt Prakash Mangal said.

He further said that as the company continues to strengthen its export presence, the focus remains on building long-term customer relationships, expanding its reach in key markets and creating sustainable value for the business.

Mangalam Worldwide Ltd is a fully integrated stainless steel manufacturer, with operations ranging from scrap melting to the manufacturing of seamless pipes and tubes. The company also produces stainless steel billets, ingots, flat bars, round bars, bright bars, as well as seamless pipes and tubes, heat exchanger tubes and U-tubes.

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