Archive · 2 Aug 2025

Mangalam Worldwide Reports 68% Jump in Profit for Q1 FY25-26

Mangalam Worldwide Reports 68% Jump in Profit for Q1 FY25-26

Mangalam Worldwide, a stainless steel maker, made a lot more money in the first three months of the year.

Their profits went up by more than two-thirds!

They also made more money overall, about 21% more than the year before.

The company's chairman said they did well because they got better at making things and because people wanted more stainless steel.

They also made more money before interest, taxes, depreciation, and amortization, and their profit margins were high.

They make stainless steel products from start to finish, like melting scrap and making pipes.

Sources