Iron & steel product company Mishra Dhatu Nigam announced Q2FY23 results: Q2FY23: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a turnover of Rs 180.95 crore during the 2nd quarter of FY22-23 against the turnover of Rs 187.92 crore recorded in the corresponding period of the previous year. Value of Production (VoP) during the 2nd quarter of FY22-23 stood at Rs 250.34 crore with a growth of 14.20% against the Value of Production (VoP) of Rs 219.22 crore recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 2nd quarter of FY22-23 stood at Rs 48.87 crore registering a growth of 7.79% against the Profit Before Tax (PBT) of Rs 45.34 crore recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 2nd quarter of FY22-23 stood at Rs 33.56 crore against the Profit After Tax (PAT) of Rs 33.63 crore recorded in the corresponding period of the previous year. During the 1st half of FY22-23, the company achieved a turnover of Rs 295.88 crore against the turnover of Rs 301.98 crore, recorded in the corresponding period of the previous year. Value of Production (VoP) during the 1st half of FY22-23 stood at Rs 484.01 crore with a growth of 41.83% against the Value of Production (VoP) of Rs 341.27 crore recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 1st half of FY22-23 stood at Rs 72.28 crore, with a growth of 2.66% against the Profit Before Tax (PBT) of Rs 70.40 crore recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 1st half of FY22-23 stood at Rs 51.26 crore against the Profit After Tax (PAT) of Rs 52.44 crore recorded in the corresponding period of the previous year. The shareholders have approved a dividend of Rs 5,807.54 lakh, i.e Rs 3.10 per equity share (including the Interim Dividend of Rs 1.56 per equity share already paid on 30.03.2022) for the FY21-22 in the 48th annual general meeting of the company held on September 29, 2022. The final dividend of Rs 1.54 per equity share for FY21-22 was paid on 20.10.2022. The order book position of the company as on October 1, 2022, stood at Rs 1500.79 crore. Result PDF
Iron & Steel Products company Mishra Dhatu Nigam Announced Q1FY23 Result : Mini-Ratna Defence PSU Mishra Dhatu Nigani Limited (MIDHANI) has achieved a Turnover of Rs. 114.93 Crore during the Quarter ended 30th June 2022 registering a growth of 0.77% against the Turnover of Rs. 114.05 Crore recorded in the corresponding quarter of the previous year. Value of Production (VoP) during the quarter ended 30th June 2022 stood at Rs.233.67 Crore with a growth of 91.46 % against the Value of Production (VoP) of Rs.122.05 Crore. recorded in the corresponding quarter of previous year. Profit Before Tax (PBT) of Rs. 23.40 Crore during the Quarter ended 30th June 2022 against the Profit Before Tax of Rs. 25.06 Crore recorded in the corresponding quarter of the previous year. Profit After Tax (PAT) of Rs. 17.70 Crore during the Quarter ended 30th June 2022 against the Profit After Tax of Rs. 18.81 Crore recorded in the corresponding quarter of the previous year. Result PDF