MIDHANI financial results for the first quarter ended on 30th June 2022

Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs. 114.93 Crore during the Quarter ended 30th June 2022 registering a growth of 0.77%

MIDHANI financial results for the first quarter ended on 30th June 2022
MIDHANI financial results for the first quarter ended on 30th June 2022

New Delhi- Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs. 114.93 Crore during the Quarter ended 30th June 2022 registering a growth of 0.77% against the Turnover of Rs. 114.05 Crore recorded in the corresponding quarter of the previous year.

Value of Production (VoP) during the quarter ended 30th June 2022 stood at Rs.233.67 Crore with a growth of 91.46 % against the Value of Production (VoP) of Rs.122.05 Crore. recorded in the corresponding quarter of the previous year.

Profit Before Tax (PBT) of Rs. 23.40 Crore during the Quarter ended 30th June 2022 against the Profit Before Tax  of Rs. 25.06 Crore recorded in the corresponding quarter of the previous year.
Profit After Tax (PAT) of Rs. 17.70 Crore during the Quarter ended 30th June 2022 against the Profit After Tax of Rs. 18.81 Crore recorded in the corresponding quarter of the previous year.

The Board of Directors had approved an Interim Dividend of Rs.1.56 Per equity share on 14.03.2022.  Further, the Board of Directors have recommended a final dividend of Rs.1.54 Per equity share for the year ended 31.03.2022.  

The total dividend (including interim dividend) for the financial year 2021-22 is Rs.3.10 per equity share.

The order book position of the company as on 1st July 2022 stood at Rs.1358.92 Crore.