Mishra Dhatu Nigam Ltd (MIDHANI) manufactures superalloys, titanium, special purpose steel and other special metals.
It was incorporated in 1973 at Hyderabad as a Government of India Enterprise under the Ministry of Defence. GoI still owns ~74% stake in the company after its IPO in 2018.
Financial Results:
Mishra Dhatu Nigam Ltd reported Revenues for Q1FY24 of ₹188.00 Crores up from ₹115.00 Crore year on year, a rise of 63.48%.
Total Expenses for Q1FY24 of ₹169.00 Crores up from ₹99.00 Crores year on year, a rise of 70.71%.
Consolidated Net Profit of ₹19.00 Crores up 5.56% from ₹18.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.99, up 5.32% from ₹0.94 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.