Adani Enterprises secured a Letter of Award worth ₹4,081 crore, while NCC won order worth ₹2,090.5 crore. Here's how much did Sanghvi Motors, Mishra Dhatu Nigam (MIDHANI and Transrail Lighting secure in order wins.
Earnings
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CNBC TV1812-02-2026, 18:18

MIDHANI Q3 Profit Jumps 8% to ₹27.6 Cr, Revenue Up 15.8%; Margins Soften

  • Mishra Dhatu Nigam (MIDHANI) reported an 8.2% year-on-year increase in net profit, reaching ₹27.6 crore in Q3.
  • The company's revenue grew by 15.8% to ₹275.6 crore, demonstrating strong top-line growth.
  • EBITDA rose 4% to ₹54.3 crore, but EBITDA margins declined to 19.7% from 22% in the corresponding quarter.
  • Value of Production (VoP) increased 18.1% to ₹304.05 crore.
  • MIDHANI's order book stood at approximately ₹2,440 crore as of January 1, 2026.

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