Midwest Q1 FY27 results (Apr–Jun 2026) and concall

Consumer Durables · Concall AI · Call held 13 Aug 2026

Company page: Midwest share price, financials & guidance record

Midwest Limited delivered robust Q1 FY27 results with strong revenue, EBITDA, and PAT growth, driven by its granite business and initial contributions from quartz. Key strategic advancements include an MoU for rare earths in Indonesia and the finalization of policy for the Sri Lanka project. While facing diesel price volatility and delays in the Kerala JV, the company remains focused on cost management through electrification and aims for significant growth in its quartz segment, targeting INR 840 crores in revenue for FY27.

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What they filed

Q1 FY27: revenue up 35.2%, net profit up 29.2% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	141	117	230	142	159 +13%	129 +10%	216 −6%	192 +35%
Expenses	111	94	156	103	112	98	157	143
EBITDA	31	23	75	39	47 +52%	31 +35%	58 −23%	49 +26%
Margin	22%	20%	32%	27%	29%	24%	27%	25%
Other income	4	6	2	4	2	5	3	6
Interest	2	3	3	4	4	5	2	4
Depreciation	6	6	8	7	7	9	8	9
Profit before tax	27	20	66	33	38 +41%	22 +10%	51 −23%	42 +27%
Tax rate	42%	28%	26%	26%	26%	23%	27%	26%
Net profit	15	15	48	24	28 +87%	17 +13%	37 −23%	31 +29%
EPS	4.40	4.18	13.95	6.86	8.22	5.06	9.83	8.13

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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