Mishra Dhatu Nigam Ltd (MIDHANI) has reported a strong financial performance for Q2 FY25, showcasing a 15% year-over-year (YoY) increase in revenue, along with a significant margin expansion exceeding 200 basis points (bps).
Key Financial Highlights:
- Revenue from Operations: ₹2,621.19 crore in Q2 FY25, up 15% YoY from ₹2,274.85 crore in the same quarter last year.
- Total Income: Increased to ₹2,706.59 crore from ₹2,350.58 crore YoY, reflecting steady growth.
- Profit Before Tax (PBT): Stood at ₹3,419.46 crore, a robust improvement over the prior year’s performance.
- Net Profit: ₹2,382.12 crore, indicating a solid bottom-line growth, driven by operational efficiency and margin expansion.
Margin Expansion
MIDHANI’s EBITDA margins expanded by over 200 bps YoY, highlighting the company’s improved cost management and operational efficiency. This margin growth aligns with its strategic focus on optimizing production costs and enhancing profitability.
Outlook
With consistent revenue growth and a focus on expanding margins, MIDHANI is positioned well in the materials and alloys sector. The company’s strong performance and strategic improvements make it a stock to watch for investors interested in robust industrial growth stories.
