Mangalam Global rises 220% YoY profit; stock under ₹20
Mangalam Global Enterprise shares rose 5% after its Q2 FY26 results. Revenue reached ₹706 crore (up 25% YoY), and net profit surged to ₹18 crore (up 220% YoY), boosted by a one-time GST refund of ₹10.64 crore. Domestic revenue grew 19% to ₹617 crore, while overseas revenue jumped 120% to ₹98.45 crore.