MIDHANI Q2 FY 22-23 Results; Achieved a Turnover of Rs 180.95 Cr

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New Delhi: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs 180.95 Cr. during the 2nd quarter of FY 2022-23 against the Turnover of Rs 187.92 Cr. recorded in the corresponding period of the previous year.

Value of Production (VoP) during the 2nd quarter of FY 2022-23 stood at Rs.250.34 Crore with a growth of 14.20 % against the Value of Production (VoP) of Rs.219.22 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 2nd quarter of FY 2022-23 stood at Rs. 48.87 Cr, registering a growth of 7.79 % against the Profit Before Tax (PBT) of Rs. 45.34Cr. recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 2nd quarter of FY 2022-23 stood at Rs. 33.56 Cr against the Profit After Tax (PAT) of Rs.33.63 Cr recorded in the corresponding period of the previous year.

During the 1st half of F.Y. 2022-23, the company has achieved a Turnover of Rs.295.88 Cr, against the Turnover of Rs. 301.98 Cr, recorded in the corresponding period of the previous year.

Value of Production (VoP) during the 1st half of FY 2022-23 stood at Rs.484.01 Crore with a growth of 41.83 % against the Value of Production (VoP) of Rs.341.27 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st half of FY 2022-23 stood at Rs. 72.28 Cr, with a growth of 2.66% against the Profit Before Tax (PBT) of Rs. 70.40 Cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1st half of FY 2022-23 stood at Rs. 51.26 Cr against the Profit After Tax (PAT) of Rs. 52.44 Cr recorded in the corresponding period of the previous year.

The shareholders have approved a dividend of Rs.5807.54 lakhs i.e Rs.3.10 per equity share (including the Interim Dividend of Rs.1.56 per equity share already paid on 30.03.2022) for the F.Y. 2021-22 in the 48th Annual General Meeting of the Company held on 29th September 2022.  The final Dividend of Rs.1.54 per equity share for F.Y. 2021-22 was paid on 20.10.2022.

The order book position of the company as on 1st October 2022 stood at Rs 1500.79 Crore.

News & Image Source : psuconnect.in

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