Mishra Dhatu Nigam Ltd (MIDHANI) announced consolidated revenue of ₹2.76 billion and net profit of ₹276.4 million for the December quarter of FY26. The results highlight steady growth in India’s strategic metals and alloys sector, driven by defense demand, aerospace projects, and operational efficiency in specialty manufacturing.
Mishra Dhatu Nigam Ltd, a leading producer of specialty metals and alloys, has reported its financial results for the December quarter of FY26. The company posted consolidated revenue from operations at ₹2.76 billion and a net profit of ₹276.4 million, reflecting resilience in a sector closely tied to India’s defense and aerospace industries.
MIDHANI’s performance underscores its critical role in supplying advanced materials for defense, nuclear, and space applications. Operational efficiency, cost management, and strong demand from government-led projects contributed to profitability. Analysts note that the company’s focus on innovation and expansion into high-value alloys positions it well for long-term growth.
With India’s increasing emphasis on self-reliance in defense manufacturing and aerospace technology, MIDHANI is expected to remain a key player in strategic industries.
Key Highlights
-
Revenue: ₹2.76 billion consolidated revenue from operations in Q3 FY26.
-
Profitability: Net profit of ₹276.4 million for the December quarter.
-
Sector Strength: Strong demand from defense, aerospace, and nuclear projects.
-
Operational Focus: Efficiency and cost management supported margins.
-
Future Outlook: Innovation and expansion in specialty alloys to drive growth.
Sources: Reuters, Business Standard, Moneycontrol