Midwest Limited — Investor Meet, 20-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Midwest Limited held an earnings conference call to discuss Q1 FY27 financial performance. Management highlighted a strong start to the year with 35% revenue growth, 25% EBITDA growth, and 27% PAT growth YoY. Key drivers included the granite business, despite diesel price volatility. Progress on the quartz business is noted, with stabilization expected at higher throughputs. An important MoU with Indonesia's PERMINAS for critical mineral access, particularly rare earths, was signed, with an JV expected soon. The Sri Lanka project policy is finalized, paving the way for project development. The company aims for projects to deliver numbers in 12-18 months, prioritizing early commercial projects. Management conveyed a confident tone regarding future growth opportunities.