Midwest Other Announcement
Midwest Limited informed exchanges about the dispatch of physical letters to shareholders with unregistered emails, providing links to the 45th AGM notice and Annual Report.
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Midwest Limited informed exchanges about the dispatch of physical letters to shareholders with unregistered emails, providing links to the 45th AGM notice and Annual Report.
Midwest Ltd has filed its Annual Report for FY 2025-26 and the notice for its 45th Annual General Meeting. This report is now available to shareholders.
Midwest Ltd has issued a notice convening its 45th Annual General Meeting to be held on September 28, 2026, through video conferencing.
Midwest Ltd reported strong growth in Granite but faced margin pressure from extreme diesel price volatility. Management is pivoting toward higher-margin Rare Earths and Quartz expansion to diversify revenue.
Midwest Limited delivered strong Q1FY27 results with 35% YoY revenue growth. The company is pivoting from granite dominance toward high-growth verticals like Quartz and Rare Earth Materials.
Midwest Ltd reported revenue from operations of ₹191.8 Cr (+34.8% YoY) and net profit of ₹31 Cr (+27.0% YoY) for Q1 FY27.
Midwest Ltd reported FY26 revenue of ₹645cr (3% growth) with EBITDA at 27.01%. Strategy shifts toward Quartz and Rare Earth oxides alongside core granite operations.
Midwest Ltd reported stable FY26 revenue of ₹645.62cr with 27% EBITDA margins. The company is diversifying from its granite leadership into quartz and rare earth materials.
Midwest Ltd reported modest 3% annual revenue growth with stable granite margins but faced significant Q4 logistics headwinds and initial cost pressures from its new high-purity quartz (HPQ) segment expansion.
Midwest Ltd reported revenue from operations of ₹215.8 Cr (-6.3% YoY) and net profit of ₹37 Cr (-23.7% YoY) for Q4 FY26.