Mangal Electrical Q2 FY27 Revenue ₹168.6 Crs, PAT ₹11.0 Crs

Mangal Electrical Industries Ltd. reported its unaudited financial results for the quarter and half year ended September 30, 2026. For Q2 FY27, the company posted revenue from operations of ₹168.6 Crores and Profit After Tax (PAT) of ₹11.0 Crores, with a PAT margin of 6.5%. This represents a year-on-year increase in CRGO volumes by approximately 63% in Q2 FY27, reaching the company's highest quarterly volume growth. While CRGO realizations are showing signs of normalization, transformer sales were impacted by competitive pricing. The company is focusing on profitable growth in transformers and plans to expand its capacity with a new radiator manufacturing facility by H1 FY28, involving a capex of approximately ₹25 Crores. Mangal Electrical is also exploring international markets and aims to diversify its customer base in the private sector transformer market.