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MIDHANI financial results for 1st quarter ended on 30 June 2022

MIDHANI financial results for the first quarter ended

MIDHANI financial results – In the Quarter that ended on June 30, 2022, Mini-Ratna Defense PSU Mishra Dhatu Nigam Limited (MIDHANI) reported a turnover of Rs. 114.93 Crore, an increase of 0.77 percent from the turnover of Rs. 114.05 crore that was reported in the same quarter the year prior. 
 
In comparison to the Value of Production (VoP) of Rs. 122.05 Crore recorded in the equivalent quarter of the previous year, the Value of Production (VoP) during the quarter ending June 30th 2022 stood at Rs. 233.67 Crore, an increase of 91.46 percent.

  • Compared to the Profit Before Tax (PBT) of Rs. 25.06 Crore recorded in the comparable quarter of the previous year, the Profit Before Tax (PBT) for the quarter ended June 30th 2022 was Rs. 23.40 Crore.
  • Compared to the Profit After Tax (PAT) of Rs. 18.81 Crore reported in the equivalent quarter of the previous year, the Profit After Tax (PAT) for the quarter ending June 30th 2022 was Rs. 17.70 Crore.

MIDHANI financial results

On March 14, 2022, the Board of Directors had authorized an interim dividend of Rs. 1.56 per equity share. Additionally, for the fiscal year that concluded on March 31, 2022, the Board of Directors has recommended a final dividend of Rs. 1.54 per equity share. 
 
The total dividend (including the interim dividend) per equity share for the fiscal year 2021–2022 is Rs. 3.10. 
 
As of July 1st, 2022, the company had an order book worth Rs. 1358.92 Crore. 

The post MIDHANI financial results for 1st quarter ended on 30 June 2022 appeared first on IndiaFrontline.


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