MIDWESTLTD Midwest Q2 FY26 results (Jul–Sep 2025) and concall
Midwest Limited reported a strong Q2 and H1 FY26 performance, driven by improved capacity utilization, cost optimization, and operational efficiencies. The company achieved significant growth in EBITDA and PAT, alongside improved financial health indicators like working capital days and credit ratings. Strategic initiatives, including IPO proceeds utilization for expansion into quartz processing, heavy mineral sands, and rare earth materials, are well underway, positioning the company for future growth and diversification.
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What they filed
Q2 FY26: revenue up 12.8%, net profit up 86.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 141 | 117 | 230 | 142 | 159 +13% |
| EBITDA | 31 | 23 | 75 | 39 | 47 +52% |
| Net profit | 15 | 15 | 48 | 24 | 28 +87% |
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.





