Mishra Dhatu Nigam Limited — Others, 30-05-2025: Copy of Newspaper Publication
30-05-2025 | 12:12 pm
30-05-2025 | 12:12 pm
MIDHANI has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a strong revenue surge supported by improved order execution, backed by a robust order book of around ₹22,700 Cr—about seven times annual sales—ensuring solid revenue visibility. Supply chain issues linked to Russia and Israel are easing, expected to boost order fulfillment and revenue in FY26. Despite elevated R&D expenses limiting margin gains this year, better profitability is anticipated in FY27 as R&D spends stabilize. Growth prospects remain strong, though margin pressures and valuation remain key considerations for investors.
No comments yet. Be the first to comment!
