Defence company Mishra Dhatu Nigam announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) achieved a Quarterly Turnover of Rs 405.50 crore. in the Q4FY24, marking a 17.68% growth compared to the corresponding quarter of the previous year. Value of Production (VoP) for Q4FY24 was Rs 281.87 crore, down from Rs 358.78 crore in the same quarter of the previous year. EBITDA for Q4FY24 stood at Rs 88.54 crore, lower than the Rs 112.25 crore recorded in the corresponding quarter of the previous year. Profit Before Tax (PBT) in Q4FY24 was Rs 64.67 crore, down from Rs 90.46 crore in the same quarter of the previous year. Profit After Tax (PAT) in Q4FY24 was Rs 46.38 crore, a decrease from Rs 66.11 crore in the corresponding quarter of the previous year. FY24 Financial Highlights: The company achieved a record Turnover of Rs 1,072.67 crore in FY24, marking a growth of 23.02% compared to the previous fiscal year. Value of Production (VoP) for FY24 was Rs 1,147.64 crore, with a 4.31% growth from the previous fiscal year. EBITDA for FY24 stood at Rs 224.09 crore, lower than the Rs 295.29 crore recorded in the previous fiscal year. Profit Before Tax (PBT) for FY24 was Rs 130.96 crore, down from Rs 216.55 crore in the previous fiscal year. Profit After Tax (PAT) for FY24 was Rs 91.26 crore, a decrease from Rs 155.88 crore in the previous fiscal year. An interim dividend of Rs 1.41 per equity share was paid during FY24 on 28.03.2024. The order book position of the company as of 1st April 2024 was Rs 1,579.72 crore. Result PDF
Iron & Steel Products company Mishra Dhatu Nigam (MIDHANI) announced Q1FY24 results: Turnover of Rs 187.72 crore during Q1FY24 registering a growth of 63.33% against Rs 114.93 crore in Q1FY23. Value of Production (VoP) during Q1FY24 stood at Rs 295.66 crore with a growth of 26.53% against Rs 233.67 crore recorded in Q1FY23. EBITDA for Q1FY24 stood at Rs 49.56 crore with a growth of 22.64% against Rs 40.41 crore recorded in Q1FY23. Profit Before Tax during Q1FY24 stood at Rs 26.73 crore with a growth of 14.23% against Rs 23.40 crore in Q1FY23. Profit After Tax during Q1FY24 stood at Rs 18.54 crore with a growth of 4.75% against Rs 17.70 crore in Q1FY23. The order book position of the company as on July 1, 2023, stood at ~Rs 1,408.21 crore Result PDF