Mishra Dhatu Nigam Limited (MIDHANI) announced robust financial results for the second quarter and first half of FY 2026-27. The company achieved a 41.09% growth in turnover for Q2 FY27, reaching ₹295.91 Cr. Profit After Tax (PAT) saw a remarkable increase of 116.84% to ₹27.69 Cr in the same quarter. For the first half, turnover grew by 40.81% to ₹535.40 Cr, with PAT increasing by 72.05%.
MIDHANI Reports Strong Financial Performance for Q2 and H1 FY27
Mishra Dhatu Nigam Limited (MIDHANI), a Mini-Ratna Defence PSU, has declared impressive financial results for the quarter and half-year ended September 30, 2026. The company demonstrated substantial year-on-year growth across key financial metrics, reflecting strong operational performance and market demand.
Quarterly Highlights (Q2 FY27)
During the second quarter of FY 2026-27, MIDHANI achieved a turnover of ₹295.91 Crore, marking a significant growth of 41.09% compared to the corresponding quarter of the previous year (₹209.73 Cr). The Value of Production (VoP) stood at ₹310.80 Cr, an increase of 21.23%.
Profit Before Tax (PBT) for the quarter surged by 102.56% to ₹38.75 Cr from ₹19.13 Cr in the prior year. Profit After Tax (PAT) witnessed even stronger growth, rising by 116.84% to ₹27.69 Cr from ₹12.77 Cr in the corresponding quarter of the previous year.
Half-Yearly Performance (H1 FY27)
For the first half of FY 2026-27, MIDHANI’s turnover reached ₹535.40 Crore, a growth of 40.81% against ₹380.22 Cr in the first half of the previous year. The Value of Production (VoP) for the half-year was ₹571.15 Cr, showing a growth of 14.76%.
Profit Before Tax (PBT) for the first half increased by 64.40% to ₹62.67 Cr from ₹38.12 Cr in the same period last year. Profit After Tax (PAT) grew by 72.05% to ₹44.01 Cr from ₹25.58 Cr in the first half of the previous year.
Order Book Position
As of October 1, 2026, the company’s order book position stood strong at ₹2,164 Crore.
Source: BSE
