MIDHANI achieves a turnover ₹180.95 crore this quarter

November 16, 2022 07:07 pm | Updated 07:07 pm IST - HYDERABAD

Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a turnover of ₹180.95 crore during the second quarter of 2022-23 against ₹187.92 crore recorded in the corresponding period of the previous year.

Value of Production (VoP) during this second quarter stood at ₹250.34 crore with a growth of 14.20% against ₹219.22 crore last year. Profit Before Tax (PBT) stood at ₹48.87 crore registering a growth of 7.79% against ₹45.34 crore recorded earlier. Profit After Tax (PAT) was ₹33.56 crore against PAT of ₹33.63 crore last year, said an official release.

During the first half of the current financial year, the company has achieved a turnover of ₹295.88 crore as against ₹301.98 crore during the same period last year.

VoP was ₹484.01 crore with a growth of 41.83% as against ₹341.27 crore before. PBT was ₹72.28 crore with a growth of 2.66% against ₹70.40 crore earlier.

PAT has been ₹51.26 crore against ₹52.44 crore before. Shareholders have also approved a dividend of 5807.54 lakh i.e ₹3.10 per equity share and final dividend of ₹1.54 per equity share for 2021-22 was paid on October 20/2022. The order book position is ₹1,500.79 crore, added the release.

Top News Today


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.