Mangalam Global Enterprise Limited (MGEL), an integrated agro-processing company with operations in the consumer wellness segment, reported a 41.85% year-on-year increase in consolidated profit before tax (PBT) to ₹12.27 crore for the second quarter of FY27, compared with ₹8.65 crore in the corresponding quarter last year. Consolidated revenue from operations rose 39.21% to ₹982.56 crore in Q2 FY27, against ₹705.80 crore in Q2 FY26. Adjusted EBITDA increased 38.57% to ₹23.10 crore from ₹16.67 crore a year earlier. The adjusted EBITDA margin stood at 2.35%, compared with 2.36% in the year-ago quarter.
For the half year ended September 30, 2026, revenue from operations grew 23.67% to ₹1,934.63 crore, compared with ₹1,564.34 crore in H1 FY26. PBT increased 32.65% to ₹22.71 crore from ₹17.12 crore, while adjusted EBITDA rose 32.57% to ₹44.28 crore from ₹33.40 crore. The adjusted EBITDA margin improved to 2.29% from 2.14% in the corresponding period last year.
The company attributed its business development efforts to its integrated agro-processing operations and expansion into complementary product categories. Its core activities cover sourcing, processing, value addition and exports across agricultural commodities, including castor oil, wheat and rice.
MGEL is also expanding its consumer wellness business through NEAT Everyday, its direct-to-consumer brand. The brand offers products across cold-pressed Nutra and Vital oils, wellness supplements, gummies, Ayurvedic formulations and personal care. Its retail presence in Mumbai, Ahmedabad and Indore supports its efforts to reach consumers in the everyday wellness market.
Commenting on the results, Vipin Mangal, Chairman of Mangalam Global Enterprise Limited, said the performance reflected the company’s businesses amid changing market conditions. He said MGEL would continue to strengthen its agro-processing operations, improve operational efficiencies, expand exports across key product categories and develop value-added products.
Mr Mangal added that the expansion into consumer wellness through NEAT Everyday broadened the company’s business presence and enabled it to respond to changing consumer requirements. The company will continue to focus on strengthening its capabilities and creating long-term value for stakeholders.
Mangalam Global Enterprise Limited is the flagship company of the Mangalam Group, which has a history spanning more than eight decades. Its operations cover sourcing, processing, manufacturing, branding and distribution of edible oils and agricultural commodities.
NEAT Everyday is MGEL’s consumer wellness and nutraceuticals division. Drawing on the group’s legacy dating back to 1942, the brand focuses on plant-based, clean-label and science-backed wellness products. Its portfolio spans oils, supplements, gummies, Ayurvedic formulations and personal care products.
