Mid India Industries Reports Q1 Profit, Appoints New Secretarial Auditors
Mid India Industries Limited, a trading company in Mandsaur, Madhya Pradesh, reported a profit of Rs 2.11 lakhs in Q1, compared to a loss of Rs 10.81 lakhs in the same period last year. Revenue increased by 46.3% to Rs 149.47 lakhs, outpacing the 42.3% rise in expenses. The board approved the appointment of M/s Joshi Sahay & Company as Secretarial Auditors for five years, subject to shareholder approval.