Quarterly Result30 Jul 2026, 11:01 am
Mangal Electrical Industries Q1 FY27 Revenue Up 40% to ₹125.8 Cr
AI Summary
Mangal Electrical Industries Ltd. reported unaudited financial results for the quarter ended June 30, 2026. Revenue from operations surged by 40% year-on-year to ₹125.8 Crores, driven by strong volume growth and improved transformer business contribution. PAT doubled to ₹7.5 Crores. Despite lower CRGO realizations impacting revenue, operational efficiencies maintained profitability. The company achieved 32% volume growth in CRGO and is progressing with transformer capacity expansion. They also acquired industrial land for future expansion.
Key Highlights
- Revenue increased 40% YoY to ₹125.8 Cr in Q1 FY27.
- PAT grew 101% YoY to ₹7.5 Cr.
- Achieved 32% volume growth in CRGO during Q1 FY27.
- Transformer capacity expansion is on track for FY27 completion.
- Acquired land for future capacity expansion in Rajasthan.
Price Impact
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