Mishra Dhatu Nigam Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
MIDHANI · price
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MIDHANI reported Q3 FY26 standalone revenue of ₹275.66 Cr, up 15.84% YoY from ₹237.97 Cr. Profit after tax for the quarter rose 8.67% to ₹27.46 Cr, while profit before tax grew 8.25% to ₹38.97 Cr. Value of Production in Q3 stood at ₹304.05 Cr, an 18.10% increase. For the nine months ended December 2025, turnover dipped marginally to ₹655.88 Cr from ₹663.54 Cr, with PBT at ₹77.10 Cr and PAT at ₹53.04 Cr, both slightly lower YoY. The order book position as of January 1, 2026 stood at a healthy ₹2,440 Cr. Statutory auditors Anjaneyulu & Co. issued an unmodified limited review report on both standalone and consolidated results.
The strong Q3 turnaround with double-digit revenue growth and expanding order book signals improving momentum and good revenue visibility for the defence PSU. However, the modest decline in nine-month revenue and profits suggests earlier quarters were softer, so investors should track whether Q4 sustains this growth trajectory.