Mishra Dhatu Nigam Limited (MIDHANI) announced its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The Board approved these results on February 12, 2026. The filing includes the Limited Review Reports from Statutory Auditors and a press release detailing significant growth metrics compared to the previous year, alongside notes on labor code impacts.
Board Approval and Financial Disclosures
The Board of Directors of Mishra Dhatu Nigam Limited (MIDHANI) met on February 12, 2026, commencing at 1500 hrs and concluding at 1645 hrs. During this meeting, the Board approved and took on record the Un-Audited (Standalone and Consolidated) Financial Results for the quarter and nine-months ended December 31, 2025. The Board also noted the Limited Review Report issued by M/s. Anjaneyulu & Co. (Statutory Auditors).
Quarterly Performance Highlights (Standalone)
For the quarter ended December 31, 2025, MIDHANI reported:
- Total Income: ₹28,322.06 Lakh, compared to ₹21,865.64 Lakh in Q2 FY2025-26 (Unaudited).
- Profit Before Tax (PBT): ₹3,897.44 Lakh, up from ₹1,912.63 Lakh in the previous quarter.
- Profit After Tax (PAT) / Profit for the Period: ₹2,746.35 Lakh.
- Earnings Per Share (Basic & Diluted): ₹1.47 (Not Annualised).
The Press Release (Annexure-2) highlights that for Q3 FY2025-26, Turnover stood at ₹275.66 Cr, registering a growth of 15.84% over the corresponding period last year. PBT grew by 8.25% to ₹38.97 Cr.
Nine Months Performance Highlights (Standalone)
For the nine months ended December 31, 2025, Standalone figures were:
- Total Income: ₹67,948.67 Lakh.
- Profit Before Tax (PBT): ₹7,709.70 Lakh.
- Profit After Tax (PAT) / Profit for the Period: ₹5,303.88 Lakh.
- Earnings Per Share (Basic & Diluted): ₹2.83 (Not Annualised).
The consolidated nine-month turnover was reported at ₹655.88 Cr, showing an 8.86% growth in Value of Production (VoP).
Consolidated Results Overview
The Consolidated Results, which include the results of the Joint Venture, Utkarsha Aluminium Dhatu Nigam Limited (JV Company), showed:
- Q3 FY2025-26 PAT: ₹2,764.18 Lakh.
- Nine Months FY2025-26 PAT: ₹5,356.61 Lakh.
The auditors noted that the consolidated results include the share of Net Profit after tax from the JV Company amounting to ₹52.73 Lakh for the nine months ended December 31, 2025.
Other Important Disclosures
The company provided details regarding its indebtedness. The Total financial indebtedness of the listed entity, including short-term and long-term debt, as on December 31, 2025, stood at ₹27,681.30 Lakh, primarily derived from bank/financial institution loans. There were no defaults reported on loans or debt securities.
MIDHANI also provided an update on the impact of newly notified Labour Codes, assessing an additional liability of ₹18.23 Lakhs related to employee benefits. Furthermore, the company noted its participation in the Advanced Materials (Defence) Testing Foundation, where MIDHANI holds a 20% shareholding.
Source: BSE
