Mangal Electrical: Q1 PAT doubles, 18th AGM on Aug 26
MEIL · price
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Mangal Electrical posted Q1 FY27 revenue of Rs 125.83 crore, up about 40 percent YoY from Rs 89.66 crore. PAT doubled to Rs 7.52 crore from Rs 3.73 crore, with EPS at Rs 2.72 versus Rs 1.82. Board approved switching depreciation method from WDV to SLM, which lifted Q1 PBT by Rs 1.30 crore. 18th AGM set for August 26 via video call, record date August 17. New independent director Ms Neha Rathi appointed subject to shareholder approval.
Strong Q1 with revenue up 40 percent and PAT doubling YoY; AGM and director appointment await shareholder nod.