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Midwest Ltd share price fell 5.16% to Rs 1115.0 after the company`s net profit declined by 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 7983.44 crore, climbing 14.61%. It has slipped by 3.66% over last one week and dipped slightly by 5.78% in last one month while the market capitalization of Midwest Ltd has softened by 7.79% and 16.15% 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 tumbling by 17.11% quarter-on-quarter. EBITDA came in at Rs 43 crore, surging by 23.50% YoY and tanking 22.91% sequentially. Total expenses slightly declined by 8.46% to Rs 151.85 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 5.93 crore, jumping 21.02% YoY, while employee benefits expense was at Rs 15.43 crore, easing 6.12% YoY. For the TTM ended FY26, revenue from operations tick up 6.93% to Rs 626.18 crore, while net profit surged by 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 slipped 2.29% in last one year, performing in line with the benchmark BSE Sensex which has softened by 2.83% 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.

Midwest will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Net profit of Midwest declined 24.63% to Rs 35.56 crore in the quarter ended March 2026 as against Rs 47.18 crore during the previous quarter ended March 2025. Sales declined 6.25% to Rs 215.81 crore in the quarter ended March 2026 as against Rs 230.19 crore during the previous quarter ended March 2025.For the full year,net profit declined 14.35% to Rs 104.85 crore in the year ended March 2026 as against Rs 122.41 crore during the previous year ended March 2025. Sales rose 3.10% to Rs 645.62 crore in the year ended March 2026 as against Rs 626.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales215.81230.19 -6 645.62626.18 3 OPM %27.0332.43 -27.0127.43 - PBDT59.1273.51 -20 174.75177.81 -2 PBT50.7365.70 -23 143.73152.22 -6 NP35.5647.18 -25 104.85122.41 -14 Powered by Capital Market - Live News

Midwest will hold a meeting of the Board of Directors of the Company on 26 May 2026.