Shares of Mishra Dhatu Nigam Ltd (MIDHANI) ended 1% increased after touching a day’s excessive of Rs 419.70 on sixteenth September, after the agency introduced it has secured a big order price Rs 136 crore, taking its open order guide to round Rs 1,983 crore to this point.
MIDHANI reported a powerful Q1FY26 efficiency, with revenue after tax rising 145% to Rs 12.96 crore from Rs 5.3 crore a 12 months in the past. Income elevated 4% to Rs 170.5 crore, up from Rs 163.5 crore in Q1FY25.
EBITDA jumped 46% to Rs 34.18 crore, with margins increasing to twenty.05% from 14.28% final 12 months. Finance prices fell 10% to Rs 6.17 crore, whereas different revenue was Rs 7.11 crore, barely down from Rs 7.77 crore.
For FY26, the corporate expects increased manufacturing orders, particularly from the Naval and Aerospace sectors, which ought to enhance turnover.
At 3:30 PM, the shares of Mishra Dhatu Nigam ended 1.17% increased at Rs 411 on NSE.
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