Mishra Dhatu Nigam Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
MIDHANI · price
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MIDHANI's board approved its unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported a turnover of Rs. 170.50 crore, up 4.31% year-on-year, while profit after tax (PAT) jumped 150.49% to Rs. 12.80 crore from Rs. 5.11 crore in the same quarter last year. Profit before tax (PBT) more than doubled to Rs. 19 crore, and EBITDA rose 32.86% to Rs. 41.28 crore. The order book stood at Rs. 1,827 crore as of July 1, 2025. The board also designated Smt. Madhubala Kalluri, Director (Finance), as the Chief Financial Officer (KMP) effective August 13, 2025. Additionally, D. Hanumanta Raju & Co. was reappointed as Secretarial Auditor for five years from FY 2025-26 at the same fee of Rs. 74,500.
Strong Q1 performance with PAT more than doubling year-on-year and a healthy order book of Rs. 1,827 crore signals robust business momentum, likely positive for shareholder sentiment. The CFO designation is an internal promotion (she was already Director (Finance)) and the secretarial auditor was reappointed, so no governance concerns arise.