Mishra Dhatu Nigam Limited (MIDHANI) reported a stellar performance for the third quarter of FY25, showcasing robust growth across key financial parameters. The company’s profit after tax (PAT) surged 99.5% year-on-year to ₹25.52 crore from ₹12.80 crore in the corresponding quarter of the previous year, driven by higher operational efficiency and robust revenue growth.
Q3 FY25 Financial Highlights:
- Revenue from operations: ₹237.97 crore, up 5.5% from ₹231.11 crore YoY.
- Total income: ₹244.98 crore compared to ₹258.19 crore YoY.
- Total expenses: ₹208.98 crore, lower than the previous quarter, indicating better cost control.
- Profit before tax: ₹36.25 crore compared to ₹19.22 crore in Q3 FY24.
- Tax expenses: ₹10.73 crore, up from ₹6.43 crore YoY.
Operational Highlights:
Mishra Dhatu Nigam benefited from strong demand in the defense and aerospace sectors, bolstered by strategic government orders. The company’s optimized production capabilities allowed it to meet growing requirements effectively, particularly in the high-performance alloy segment.
Nine-Month Performance:
For the nine months ended December 31, 2024, the company reported revenue of ₹663.54 crore, reflecting sustained growth across its business operations.
Outlook:
The company’s management remains optimistic about further scaling its operations as new defense and aerospace contracts are expected. Enhanced production efficiency and strategic expansion into advanced materials are key focus areas to maintain profitability momentum.
This performance highlights MIDHANI’s continued leadership in specialized alloys and its critical role in India’s defense and aerospace ecosystem.
