Iron & Steel Products company Mishra Dhatu Nigam (MIDHANI) announced Q1FY24 results:
- Turnover of Rs 187.72 crore during Q1FY24 registering a growth of 63.33% against Rs 114.93 crore in Q1FY23.
- Value of Production (VoP) during Q1FY24 stood at Rs 295.66 crore with a growth of 26.53% against Rs 233.67 crore recorded in Q1FY23.
- EBITDA for Q1FY24 stood at Rs 49.56 crore with a growth of 22.64% against Rs 40.41 crore recorded in Q1FY23.
- Profit Before Tax during Q1FY24 stood at Rs 26.73 crore with a growth of 14.23% against Rs 23.40 crore in Q1FY23.
- Profit After Tax during Q1FY24 stood at Rs 18.54 crore with a growth of 4.75% against Rs 17.70 crore in Q1FY23.
- The order book position of the company as on July 1, 2023, stood at ~Rs 1,408.21 crore