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Midwest Ltd consolidated sales down 11.11% on year in Q2FY2026, net profit declined by 16.15%
12-Aug-2026, 05:05
Midwest Ltd share price slipped 1.03% to Rs 1175.7 after the company's net profit dropped 16.15% to Rs 31.04 crore, while revenue from operations reduced 11.11% to Rs 191.84 crore in Q2FY26 over Q1FY26. The market capitalization of Granites & Marbles industry group stocks on BSE stood at Rs 7976.79 crore, improving 14.61%. It has softened by 1.13% over last one week and softened by 3.35% in last one month while the market capitalization of Midwest Ltd has slipped by 2.99% and 11.18% in the same period respectively. Profit before tax (PBT) of Midwest Ltd stood at Rs 42.05 crore in Q2 FY26, rallying 27.93% year-on-year, and nosediving by 17.11% quarter-on-quarter. EBITDA came in at Rs 43 crore, surging by 23.50% YoY and tumbling by 22.91% sequentially. Total expenses marginally dropped 8.46% to Rs 151.85 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 5.93 crore, witnessing a sharp rise of 21.02% YoY, while employee benefits expense was at Rs 15.43 crore, ticking higher by 6.12% YoY. For the TTM ended FY26, revenue from operations grew marginally by 6.93% to Rs 626.18 crore, while net profit jumped 32.87% to Rs 133.3 crore, compared to previous TTM. EBITDA soared by 13614% to Rs 154.82 crore, and PBT surged 29.17% to Rs 178.01 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 87.31 crore in FY26, as against Rs 127.91 crore in FY25. Midwest Ltd inched up 3.03% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.
Midwest Ltd share price slipped 1.03% to Rs 1175.7 after the company's net profit dropped 16.15% to Rs 31.04 crore, while revenue from operations reduced 11.11% to Rs 191.84 crore in Q2FY26 over Q1FY26. The market capitalization of Granites & Marbles industry group stocks on BSE stood at Rs 7976.79 crore, improving 14.61%. It has softened by 1.13% over last one week and softened by 3.35% in last one month while the market capitalization of Midwest Ltd has slipped by 2.99% and 11.18% in the same period respectively. Profit before tax (PBT) of Midwest Ltd stood at Rs 42.05 crore in Q2 FY26, rallying 27.93% year-on-year, and nosediving by 17.11% quarter-on-quarter. EBITDA came in at Rs 43 crore, surging by 23.50% YoY and tumbling by 22.91% sequentially. Total expenses marginally dropped 8.46% to Rs 151.85 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 5.93 crore, witnessing a sharp rise of 21.02% YoY, while employee benefits expense was at Rs 15.43 crore, ticking higher by 6.12% YoY. For the TTM ended FY26, revenue from operations grew marginally by 6.93% to Rs 626.18 crore, while net profit jumped 32.87% to Rs 133.3 crore, compared to previous TTM. EBITDA soared by 13614% to Rs 154.82 crore, and PBT surged 29.17% to Rs 178.01 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 87.31 crore in FY26, as against Rs 127.91 crore in FY25. Midwest Ltd inched up 3.03% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.