New Delhi: Mishra Dhatu Nigam Limited (MIDHANI) has reported a 116.84 percent year-on-year growth in Profit After Tax (PAT) to Rs 27.69 crore for the second quarter of the financial year 2026-27, compared to Rs 12.77 crore in the corresponding quarter of the previous year.
The company's turnover increased 41.09 percent to Rs 295.91 crore during the July-September quarter, against Rs 209.73 crore in the year-ago period.
MIDHANI's Profit Before Tax (PBT) also more than doubled to Rs 38.75 crore in Q2 FY27, registering a growth of 102.56 percent over Rs 19.13 crore reported in the corresponding quarter of the previous financial year.
The company's Value of Production (VoP) stood at Rs 310.80 crore during the quarter, marking a growth of 21.23 percent compared to Rs 256.38 crore in Q2 FY26.
For the first half of FY27, MIDHANI reported a 40.81 percent growth in turnover to Rs 535.40 crore, compared to Rs 380.22 crore in the corresponding period of the previous financial year.
The company's Value of Production increased 14.76 percent to Rs 571.15 crore during the April-September period, against Rs 497.67 crore in the year-ago period.
Profit Before Tax for the first half rose 64.40 percent to Rs 62.67 crore from Rs 38.12 crore, while Profit After Tax increased 72.05 percent to Rs 44.01 crore, compared to Rs 25.58 crore in the corresponding period of FY26.
MIDHANI's order book stood at Rs 2,164 crore as of October 1, 2026, according to the company's press release dated November 12, 2026.
(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)