| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 156.27 | 1.3% |
| Total Income | 159.02 | 2.2% |
| Expenditure | 141.01 | 2.3% |
| PBT | 18.01 | 1.0% |
| Net Profit | 13.39 | 0.6% |
| OPM | 12.08% | 2.07pp |
| NPM | 8.42% | 0.13pp |
| EPS | 5.01 | 15.9% |
Mangal Electrical Industries Reports Stable Performance in Q3 FY26, Despite CRGO Realisation Decline
28 Jan 2026 · 28 Jan, 6:41 pm
Summary
Mangal Electrical Industries Limited has reported its unaudited Financial results for the quarter and nine months ended December 31, 2025. The company delivered a stable performance in Q3 FY26 with flat revenue despite a ~20% decline in CRGO realisation. Margins remained resilient due to disciplined cost management and a stable operating environment. The company is also progressing on capacity expansion for growth in the coming quarters.
Key Highlights
- 1
Revenue growth of ~5% in Q3 FY26 compared to Q3 FY25
- 2
CRGO volume growth of ~34% during Q3 FY26 compared to Q3 FY25
- 3
CRGO prices remained stable during Q3 FY26 compared to Q2 FY26
- 4
Capacity Expansion is in progress and expected to be completed by Q3 FY27
- 5
New plant equipped to manufacture 132 kV / 100 MVA transformers
Management Comments
Mr. Rahul Mangal (Managing Director)
The Company delivered a stable performance in Q3 FY26, with flat revenue despite ~20% decline (YoY) in CRGO realisation. Margins remained resilient, supported by disciplined cost management and a stable operating environment. Progress on capacity expansion position us well for growth in the coming quarters.
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