Mangalam Worldwide Q3 FY26 PAT Up 75% YoY to ₹14.03 Crore; Installs 10.4 MW Solar Plant
Mangalam Worldwide Limited reported Q3 FY26 PAT of ₹14.03 crore, up 75% YoY. Total income rose 29% to ₹350.56 crore. For 9MFY26, PAT increased 66% to ₹34.66 crore on a 28% income growth to ₹948.48 crore. The company is also installing a 10.4 MW solar power plant.
The financial results show a significant improvement, which is positive for investors. The installation of a solar plant is a strategic step towards sustainability, which can have a medium-term impact on operational costs and environmental footprint.
The company reported strong year-on-year growth in both profit after tax and total income for the quarter and nine-month period. The initiative to install a solar power plant also adds a positive outlook for sustainability.
Mangalam Worldwide Limited (MWL) announced its unaudited financial results for the third quarter of FY26, ending December 31, 2025. The company reported a Profit After Tax (PAT) of ₹14.03 crore, marking a significant year-on-year growth of 75% from ₹8.04 crore in Q3 FY25.
Total income for the quarter stood at ₹350.56 crore, an increase of 29% from ₹271.77 crore in the same period last year. For the nine-month period of FY26 (9MFY26), total income reached ₹948.48 crore, up 28% from ₹741.47 crore in 9MFY25. PAT for 9MFY26 rose to ₹34.66 crore, a 66% YoY increase from ₹20.93 crore in 9MFY25.
In a strategic move towards sustainability, MWL is proceeding with the installation of a 10.4 MW DC ground-mounted solar power plant for captive consumption at its Halol unit. This project, located in Village Handod, Taluka Karjan, District Vadodara, Gujarat, on a 25-year lease, will increase the company's total solar capacity to 11.6 MW upon completion.
Commenting on the results, Mr. Chandragupt Prakash Mangal, Managing Director of MWL, stated, “Our Q3 FY26 performance reflects a steady focus on operational efficiency, cost management, and disciplined execution. During the quarter, we continued to strengthen our integrated capabilities while also progressing on our sustainability initiatives, including our ‘renewable energy’ effort. As we enter the final quarter of the financial year, we remain focused on maintaining operational stability and advancing our long-term growth priorities.”
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