MIDHANI Appoints Madhubala Kalluri as New Director of Finance Jul 21, 2025
Mishra Dhatu Nigam Secures ₹6,000 Crore Superalloy Deal with HAL Jul 15, 2025
More news about Mishra Dhatu Nigam
29May 25
Mishra Dhatu Nigam's Q4 Net Profit Surges 21% Year-over-Year
Mishra Dhatu Nigam's Q4 consolidated net profit increased by 21.38% year-over-year to 562.00 million rupees, up from 463.00 million rupees. Compared to the previous quarter, net profit surged by 120.39%. Revenue grew by 5.13% year-over-year to 4,100.00 million rupees. The company's strong financial performance indicates improved profitability and steady growth in the metallurgical sector.
Mishra Dhatu Nigam Limited (MIDHANI) announced strong Q4 results with a 21.4% increase in consolidated net profit to ₹56.20 crore, up from ₹46.30 crore year-over-year. Revenue rose 5.1% to ₹410.00 crore. Quarterly operating profit margin improved to 20.79% from 16.87% in Q3. For FY2024, total revenue grew 21.20% to ₹1,102.60 crore, but net profit declined to ₹91.80 crore from ₹156.30 crore in FY2023.
28Apr 25
Mishra Dhatu Nigam Shares Surge 8% on New CMD Appointment
Mishra Dhatu Nigam Limited (MIDHANI) shares rose 8% following the appointment of Dr. S.V.S. Narayana Murty as Chairman & Managing Director (CMD) on April 28, 2025. Dr. Murty, with a Ph.D. in Metallurgical Engineering and extensive experience in advanced materials development at ISRO, will lead the company until December 31, 2029. His impressive credentials include multiple awards in metallurgy and over 325 publications in international journals.
01Apr 25
Mishra Dhatu Nigam Reports Stable Sales and Record-Breaking Exports in FY 2024-25
Mishra Dhatu Nigam Limited (MIDHANI) released its performance highlights for FY 2024-25. The company maintained stable sales at Rs. 1070.00 crore, a slight decrease from Rs. 1072.67 crore in the previous year. Notably, MIDHANI achieved its highest-ever export figure of Rs. 94.00 crore, a 47.52% increase from Rs. 63.72 crore in FY 2023-24. This significant growth in exports demonstrates MIDHANI's expanding global presence and increasing international demand for its products.
24Mar 25
Mishra Dhatu Nigam Shares Surge 6% Ahead of Interim Dividend Record Date
Mishra Dhatu Nigam Limited (MIDHANI) shares rose nearly 6% to ₹303.90 on March 24, 2023, as investors positioned themselves before the interim dividend record date of March 25. The company's board approved an interim dividend of ₹0.75 per share for FY 2023-24 on March 19, representing a 7.5% yield on face value. The ex-dividend date is set for March 26, 2023.
Mishra Dhatu Nigam Limited (MIDHANI) shares jumped over 7% as the company's board is set to meet to consider an interim dividend for FY 2024-25. The record date for the potential dividend is March 25, 2025. Separately, MIDHANI received fines from BSE and NSE for non-compliance with SEBI regulations regarding board composition, which the company plans to contest.
12Mar 25
Mishra Dhatu Nigam Board to Convene on March 20 for Interim Dividend Consideration
Mishra Dhatu Nigam Limited (MIDHANI) has announced a board meeting on March 20, 2025, to consider an interim dividend for FY 2024-25. The record date is set for March 20, 2025, if the dividend is declared. The trading window will be closed from March 13 to March 22, 2025, for designated persons and their immediate relatives.