Midwest News

Midwest Limited Reports Strong Q3 & 9MFY26 Results

Midwest Limited delivered impressive 9MFY26 performance with revenue growing 9% YoY to ₹429.81 crores, EBITDA rising 19% to ₹116.05 crores, and adjusted PAT increasing 18% to ₹69.45 crores, while securing new quarry lease.

Midwest Limited Sets Up Subsidiary in Sierra Leone

Midwest Limited's board approved incorporation of a wholly-owned subsidiary in Sierra Leone on January 7, 2026, to explore HMS reserves and apply for mineral rights in the West African nation.

Midwest Limited Reports Strong Q2 FY26 Results with 52% EBITDA Growth in Maiden Earnings Call

Midwest Limited delivered exceptional quarterly performance with EBITDA growing 52% and PAT increasing 80% year-on-year, driven by improved capacity utilization and operational efficiencies that pushed EBITDA margins above 29%. The company, India's largest producer of Black Galaxy granite, successfully raised INR 250 crores through IPO for Phase 2 quartz facility expansion and is diversifying into heavy mineral sands and rare earth materials with operations expected by FY2027.