Mangalam Organics Approves Quarterly Financial Results and Finalizes Auditor Appointment
Mangalam Organics Limited announced key decisions following its Board of Directors meeting on July 28, 2026, including the approval of unaudited financial results for the quarter ended June 30, 2026, and the appointment of a new Statutory Auditor. The company also detailed dates related to its upcoming Forty-Fourth Annual General Meeting (AGM).The Board reviewed and approved both the Unaudited Standalone and Consolidated Financial Results for the period ending June 30, 2026, which were vetted by the Audit Committee. The results were issued along with a Limited Review Report from M/s NGST & Associates, Chartered Accountants.
Financial Performance Summary (Quarter Ended June 30, 2026)
The company’s performance across both standalone and consolidated entities was reviewed. Below are the key financial highlights for the quarter ended June 30, 2026:Standalone Financial Results Highlights:
| Metric | Qtr Ended 30.06.2026 (Unaudited) | Qtr Ended 31.03.2026 (Audited) | Qtr Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Income | 16,313.65 | 12,258.93 | 11,912.60 | 51,744.58 |
| Total Expenses | 15,676.11 | 11,716.19 | 11,088.48 | 49,622.39 |
| Profit before tax | 637.54 | 542.74 | 824.12 | 2,122.19 |
| Total Comprehensive Income | 532.33 | 337.48 | 692.21 | 1,327.31 |
| Earnings Per Share (Basic & Diluted) | 6.22 | 3.94 | 8.08 | 15.50 |
Consolidated Financial Results Highlights:
| Metric | Qtr Ended 30.06.2026 (Unaudited) | Qtr Ended 31.03.2026 (Audited) | Qtr Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Income | 17,916.83 | 13,378.64 | 15,059.15 | 62,732.05 |
| Total Expenses | 17,046.53 | 12,483.32 | 13,590.45 | 59,051.16 |
| Profit before tax | 870.31 | 895.32 | 1,468.70 | 3,329.99 |
| Total Comprehensive Income | 726.87 | 561.91 | 1,222.95 | 2,538.39 |
| Earnings Per Share (Basic & Diluted) | 8.49 | 6.56 | 14.28 | 29.64 |
Key Corporate Actions and Timelines
The Board meeting covered several operational and governance milestones:Annual General Meeting Details:
- The company's Forty-Fourth Annual General Meeting (44th AGM) is scheduled for Thursday, September 24, 2026, to be conducted via Video Conferencing or Other Audio Visual Means.
- The Register of Members and Share Transfer Register will be closed from Thursday, September 17, 2026, through Thursday, September 24, 2026, for the purpose of the AGM.
- Members holding shares as of Wednesday, September 16, 2026, are entitled to cast their votes electronically at the upcoming AGM.
E-Voting Period:
The remote e-voting period has been set from Monday, September 21, 2026 (9:00 a.m. IST) until Wednesday, September 23, 2026 (5:00 p.m. IST).
Board Approvals and Appointments:
- The Draft Board's Report for the financial year ended March 31, 2026, was approved by the Board.
- The Audit Committee recommended and the Board approved the appointment of M/s JMT & Associates, Chartered Accountants (Firm Registration No. 104167W), as the Statutory Auditors for a term of five years. This appointment is subject to shareholder approval at the 44th AGM.
- M/s JMT & Associates, which was established in 1989 and holds Peer Review Certificate No. 016481, will replace M/s NGST & Associates, whose second term as Statutory Auditors is concluding at the current financial year's AGM.
The company noted that it only has one reportable segment, "Chemicals," making segment-wise reporting under Ind-AS-108 not applicable.
MANORG Stock Price Movement
Today, shares of Mangalam Organics Limited rallied in post-market trading, settling at ₹552.55 after a strong day characterized by a 5.00% gain. The equity traded a total of 5,522 shares during the session, showcasing robust investor interest in the Chemical & Petrochemicals sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.