14 Nov 2025 | 3 Mins Read

Mishra Dhatu Nigam's quarterly profit falls 46% YoY

Flipitmoney

MIDHANI reported a ₹12.95 crore net profit for Q2 2025, down 45.6% year-on-year from ₹23.82 crore. Revenue declined 20% to ₹209.7 crore and EBITDA dropped 32.8% to ₹32.5 crore. Operating margins narrowed to 15.7%. The company maintained a robust order book of ₹1,869 crore, with expectations of higher production orders in FY26.