Mishra Dhatu Nigam Limited (MIDHANI) reported strong Q3 FY2025-26 results, highlighted by a 15.84% growth in Turnover to ₹275.66 Cr. Profit After Tax (PAT) for the quarter grew by 8.67% to ₹27.46 Cr. For the nine months ended December 31, 2025, the company achieved a Turnover of ₹655.88 Cr and maintained a significant order book position of ₹2,440 Crore as of January 1, 2026.
Quarterly Performance Highlights (Q3 FY2025-26)
Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) announced its financial results for the quarter ending December 31, 2025. The company achieved a Turnover of ₹275.66 Crore, marking a significant growth of 15.84% compared to the ₹237.97 Cr recorded in the corresponding quarter of the previous fiscal year. The Value of Production (VoP) also saw an 18.10% increase, reaching ₹304.05 Crore.
Profitability improved across the board for the quarter:
- Profit Before Tax (PBT) stood at ₹38.97 Crore, reflecting an 8.25% growth.
- Profit After Tax (PAT) was ₹27.46 Crore, registering an 8.67% growth over the previous year’s corresponding period.
Nine Months Ended December 31, 2025 Results
For the cumulative nine-month period of FY 2025-26, the company posted a Turnover of ₹655.88 Crore, slightly lower than the previous year’s ₹663.54 Cr, while the Value of Production (VoP) demonstrated growth of 8.86% to ₹801.73 Crore. Consolidated PAT for the nine months was ₹53.04 Crore.
Financial Stability and Order Book
The standalone results show that Total Income for the quarter reached ₹28,322.06 Lakhs, with total expenses amounting to ₹24,424.62 Lakhs, leading to a Profit for the period of ₹2,746.35 Lakhs.
MIDHANI confirmed its strong business pipeline, reporting that the order book position as of January 1, 2026 stood at a robust ₹2,440 Crore. Furthermore, the company’s total financial indebtedness, including short-term and long-term debt, as of December 31, 2025, was reported at ₹27,681.30 Lakhs.
Other Operational Notes
The Board noted the impact of recently notified Labour codes, assessing an additional liability of ₹18.23 Lakhs related to employee benefits. The financial results incorporate the jointly controlled entity, Utkarsha Aluminium Dhatu Nigam Limited, using the equity method.
Source: BSE
