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Midhani reports healthy set of numbers for Q2FY22

News: For Q2FY22, Midhani consolidated operations posted a topline of Rs.188 crore, up 15% YoY & 65% QoQ. Consolidated EBITDA for the quarter was at Rs.52 crore compared to Rs.50 crores in Q2FY21 & Rs.26 crores in Q1FY22. Ensuing consolidated PAT for the quarter was at Rs.34 crore up 4% YoY & 82% QoQ.

Views: EBITDA margin for Q2FY22 increased on a QoQ basis. Midhani's consolidated EBITDA margin for Q2FY22 was at 27.6% compared to 22.4% in Q1FY22. As on October 1 , 2021 Midhani's order book was at Rs.1370 crore compared to Rs.1402 crore as on July 1, 2021.