MIDWESTLTD Midwest Q3 FY26 results (Oct–Dec 2025) and concall
Midwest Limited reported a strong Q3 FY26, with consolidated revenue growing 10% YoY to INR 128 crores and EBITDA margin expanding to 23.7%. The company is actively expanding its granite operations with a new Black Galaxy mine and has commenced commercial production for Quartz Phase 1, with Phase 2 and High Purity Quartz development underway. Strategic investments in EV conversion for mining machinery and exploration of HMS opportunities in Sri Lanka and Sierra Leone underscore the company's long-term growth strategy.
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What they filed
Q3 FY26: revenue up 10.3%, net profit up 13.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 141 | 117 | 230 | 142 | 159 +13% | 129 +10% |
| EBITDA | 31 | 23 | 75 | 39 | 47 +52% | 31 +35% |
| Net profit | 15 | 15 | 48 | 24 | 28 +87% | 17 +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.
