MIDHANI: Q1 FY27 Results Show 40% Turnover Growth, Profit Up 27%

Mishra Dhatu Nigam Limited (MIDHANI) announced robust financial results for the quarter ended June 30, 2026. The company achieved a turnover of ₹239.49 Cr, marking a significant 40.46% increase year-over-year. Profit After Tax (PAT) also saw substantial growth, rising by 27.42% to ₹16.31 Cr, indicating strong operational performance and profitability.

MIDHANI Reports Strong Financial Performance for Q1 FY27

Mishra Dhatu Nigam Limited (MIDHANI), a Mini-Ratna Defence PSU, has announced its financial results for the quarter ended June 30, 2026, showcasing significant growth across key performance indicators. The company’s turnover reached ₹239.49 Crore, representing a notable 40.46% increase compared to the ₹170.50 Cr recorded in the corresponding quarter of the previous year. This substantial rise in turnover underscores the company’s expanding market presence and operational capacity.

Key Financial Highlights

The Value of Production (VoP) also demonstrated positive momentum, standing at ₹260.36 Cr, a growth of 7.90% against the previous year’s figure of ₹241.29 Cr. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter were ₹46.60 Cr, up 12.89% from ₹41.28 Cr in the prior year’s quarter. This indicates improved operational efficiency and profitability.

Profitability and Order Book

Profit Before Tax (PBT) saw a healthy increase of 25.89%, reaching ₹23.92 Cr compared to ₹19.00 Cr in the previous year. Following suit, Profit After Tax (PAT) grew by 27.42% to ₹16.31 Cr, up from ₹12.80 Cr in the corresponding quarter of the previous year. Furthermore, MIDHANI’s order book position as of July 1, 2026, stood strong at ₹2329 Crore, providing excellent visibility for future revenue streams.

Source: BSE

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