India, Aug 3: Mangalam Global Enterprise Limited, an integrated agro-processing company, announced its financial results for the quarter ended June 30, 2026.
The company reported Revenue from Operations of INR 798.16 crore in Q1 FY27, year-on-year growth from INR 793.41 crore in Q1 FY26. Profit After Tax stood at INR 7.53 crore, reflecting a 28.14percentage YoY increase compared to INR5.88 crore reported in the corresponding quarter of the previous financial year.
The company's performance during the quarter was supported by continued momentum across its agro-processing business, driven by its diversified product portfolio, focus on value-added offerings, operational efficiencies, and expanding market opportunities.
During Q1 FY27, MGEL also marked a key strategic milestone with the launch of Neat Everyday, its direct-to-consumer wellness brand. The brand offers a portfolio of clean-label products, including cold-pressed edible oils, wellness supplements, gummies, Ayurvedic formulations, and personal care products. As part of its retail expansion strategy, Neat Everyday currently operates 11 retail outlets and 1 kiosk across India, comprising five stores and one kiosk in Ahmedabad, five stores in Mumbai, and one store in Indore, strengthening the company's presence in the fast-growing consumer wellness segment.
The company continues to see significant opportunities in India's evolving food processing and wellness sectors, supported by increasing consumer demand for natural, transparent, and value-added products. With an integrated sourcing and processing ecosystem, MGEL remains well positioned to strengthen its agro-processing business while building a differentiated consumer wellness portfolio through Neat Everyday.
Key Financial Highlights:
- Revenue from Operations: ₹952.07 crore, up 10.89percentage YoY from ₹ 858.54 crore in Q1 FY26
- Profit After Tax: ₹ 8.43 crore, up 31percentageYoY from ₹ 6.43 crore in Q1 FY26
Commenting on the performance, Mr. Vipin Prakash Mangal, Chairman & Executive Director, Mangalam Global Enterprise Limited, said:
"Our performance in Q1 FY27 reflects the resilience of our integrated agro-processing business and the steady progress, we are making in expanding our value-added offerings. As consumer preferences continue to evolve towards natural, clean-label and wellness-focused products, we are well positioned to leverage our sourcing expertise and processing capabilities to address these opportunities. The launch of Neat Everyday marks an important step in our journey towards building a consumer-focused wellness business, while we remain committed to strengthening our core agro-processing operations and creating sustainable long-term value for all stakeholders."
