Newspaper publication of unaudited Financial Results for the quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Mideast Integrated Steels has published its unaudited financial results for the quarter and half year ended 30 September 2025 in The Financial Express (English) and Jansatta (Hindi), as required under SEBI Regulation 47. On a standalone basis, the company reported a total income from operations of Rs. 296 million for Q2 FY26 and Rs. 656.76 million for H1 FY26, with a net loss of Rs. 127.53 million for the quarter and Rs. 292.01 million for the half year — an improvement over the Rs. 590.41 million loss in H1 FY25. On a consolidated basis, the company turned in a profit of Rs. 707.5 million for Q2 FY26 and Rs. 1,443.1 million for H1 FY26, with total income of Rs. 45,657 million for the half year. The results continue to be impacted by the 2017 Supreme Court order that halted mining operations, with the company depositing Rs. 53.86 crore (FY25) and Rs. 44.17 crore (Q2 FY26) towards the Rs. 924.75 crore compensation demand.
Standalone losses narrowed meaningfully year-on-year and consolidated profits are healthy, suggesting operational improvement, but mining remains constrained by the Supreme Court order — shareholders should note ongoing regulatory and litigation overhangs even as financial performance trends better.