Mishra Dhatu Nigam Limited (MIDHANI) shares rallied over 9% following impressive Q2 FY25 earnings. The company reported a 15% year-over-year (YoY) growth in revenue, driven by strategic operations and expanding margins.

Key Financial Highlights

  1. Revenue from Operations: MIDHANI recorded ₹2,621.19 crore in Q2 FY25, up from ₹2,274.85 crore in the same period last year, marking a 15% increase YoY.
  2. Total Income: Total income grew to ₹2,706.59 crore from ₹2,350.58 crore YoY.
  3. Profit Before Tax (PBT): The company reported a PBT of ₹3,419.46 crore, showcasing significant growth.
  4. Net Profit: Net profit stood at ₹2,382.12 crore, driven by operational efficiencies and a 200 basis-point margin expansion.

As of 9:41 am, MIDHANI shares were trading 8.94% higher at Rs 333.80 on the NSE.

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