H1 FY27 revenue +24%, PAT ~+17%, but operating cash flow turned negative on receivables, inventory and early payables. Quartz hit 16k tons in Q2 and is still ramping. Management is confident on targets; its cash-flow explanation is defensive.
Midwest Limited has scheduled a board meeting for November 10, 2026. The board will consider and approve the company's standalone and consolidated financial results.
Midwest Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. The report details the promoter and public shareholding information.
Midwest Ltd's Chimakurthy granite mine faces a DGMS prohibitory order halting extraction after a side collapse. Operations are suspended until the danger is removed, with no fine imposed.
Midwest Limited held its 45th Annual General Meeting on September 28, 2026. The meeting transacted ordinary and special business, including adoption of annual financial statements.
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 Limited accepted a Letter of Intent from APMDC for granite quarry operations in Andhra Pradesh. No financial consideration was specified for these contracts.
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 Limited announced the appointment of internal, secretarial, and cost auditors for the company. These appointments are routine compliance and corporate governance filings.
CRISIL Ratings reaffirmed the corporate credit rating of Midwest Limited as CRISIL A/Stable. It also assigned ratings to the company's bank loan facilities.
Midwest Limited has scheduled a Board Meeting for 12th August, 2026, to consider and approve the standalone and consolidated financial results for the quarter ended 30th June, 2026.
Midwest Limited signed an international MoU with PERMINAS and others for rare earth collaboration in Indonesia. No monetary consideration is involved at this stage.
Midwest Ltd signed an MoU with Indonesian state enterprise PERMINAS for rare earth collaboration. No financial commitment is made at this preliminary stage.
Midwest Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. The auditor reported no material non-compliances or actions taken by SEBI during the period.
Midwest Limited reported zero deviation in utilizing its ₹201 Crore IPO proceeds for the March 2026 quarter. This confirms funds are being deployed per stated objectives.
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 Limited appointed Mr. K. Achyutanand Reddy as Company Secretary and Compliance Officer. This strengthens the company's executive leadership and regulatory compliance framework.
Midwest Ltd reported its FY2026 financial results and appointed Mr. K. Achyutanand Reddy as Company Secretary. The board approved audited standalone and consolidated statements.
Midwest Limited scheduled a board meeting for May 26, 2026, to approve audited annual financial results. The trading window remains closed for all designated persons.