Mangalam Global Enterprise Limited announced its unaudited financial results for the third quarter of fiscal year 2026, covering the period ended December 31, 2025. The Board of Directors approved these results at their meeting held on January 13, 2026, at the company's registered office in Ahmedabad.

Financial Performance Overview

The company delivered steady performance across both standalone and consolidated operations during Q3FY26. The financial metrics demonstrate the company's operational efficiency in its core agro-based commodities business.

Nine Months Performance

For the nine months ended December 31, 2025, the company showed robust growth across key parameters. Standalone revenue from operations reached ₹2,03,008.70 lakhs compared to ₹1,61,170.36 lakhs in the corresponding period of the previous year, representing a growth of 25.96%. Net profit after tax for nine months stood at ₹3,021.13 lakhs on standalone basis and ₹3,273.91 lakhs on consolidated basis.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹3,295.56 lakhs with face value of ₹1 each. Basic and diluted earnings per share for Q3FY26 were ₹0.20 on standalone basis and ₹0.26 on consolidated basis. For the nine months period, earnings per share reached ₹0.92 standalone and ₹0.99 consolidated.

Strategic Corporate Actions

The Board approved several significant corporate initiatives during the meeting:

Subsidiary Expansion

The company has strengthened its corporate structure through strategic subsidiary incorporations. The consolidated results now include four subsidiaries: Mangalam Global (Singapore) Pte. Ltd., MGEL Multicomm Private Limited (incorporated January 3, 2025), Mangalam Oleo Speciality Products Private Limited (incorporated November 17, 2025), and Mangalam Neat Everyday Private Limited (incorporated December 26, 2025).

Business Segment and Operations

Mangalam Global Enterprise operates primarily in agro-based commodities, which constitutes its only reportable business segment under Indian Accounting Standard 108. The segment reporting shows Indian operations contributing ₹62,004.80 lakhs and foreign operations ₹14,115.73 lakhs to consolidated revenue for Q3FY26.

Regulatory Compliance

The company reported zero investor complaints during Q3FY26, maintaining its clean compliance record. The financial results have been prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors Keyur Shah & Co., Chartered Accountants. All results are available on the company website and stock exchange platforms for stakeholder access.

Mangalam Global Enterprise has reported its Q3 financial results, demonstrating a mixed performance with earnings growth accompanied by margin pressure. The company's operational metrics reflect both positive momentum in absolute terms and challenges in maintaining profitability ratios.

Financial Performance Overview

The company's Q3 results show contrasting trends in earnings and efficiency metrics:

Earnings Growth Analysis

Mangalam Global Enterprise achieved EBITDA of ₹128.00 million in Q3, marking a year-on-year increase of ₹16.00 million or 14.3% from the ₹112.00 million recorded in the corresponding quarter of the previous year. This growth in absolute earnings demonstrates the company's ability to expand its operational income despite prevailing market conditions.

Margin Compression Concerns

While the company posted solid EBITDA growth, the EBITDA margin contracted significantly to 1.69% in Q3 from 2.22% in the same period last year. This 53 basis points decline in margin indicates that the company's revenue growth was accompanied by proportionally higher operating expenses, affecting overall operational efficiency.

Operational Efficiency Metrics

The divergence between EBITDA growth and margin compression suggests that Mangalam Global Enterprise experienced substantial revenue expansion during the quarter. However, the margin decline indicates that cost management remains a key area requiring attention to maintain sustainable profitability levels in future periods.