Mangal Electrical posted lower Q1 FY26 profit, expanding CRGO capacity, and launching the VCB product line.

• EBITDA fell 9.09% to Rs 10 crore, margin 11.1% versus 9.8% last year in the Q1 FY26 period.
• CRGO capacity will increase to 28,000 MT by January 2026, boosting production capabilities for future growth plans.
• Vacuum Circuit Breaker production starts Q3 FY26; PGCIL approved 765 kV transformer, expanding high‑margin market opportunities.