Midwest Limited, previously known as Midwest Granite Private Limited, has reported a revenue of ₹1,246.66 million for the second quarter of the fiscal year 2025, ending September 30. This figure reflects a modest increase from the previous quarter's revenue of ₹1,013.1 million. The company’s total income, which includes other income sources, also saw an uptick compared to the same period last year, contributing to an overall growth in operational performance. These results were disclosed following a Board of Directors meeting held on November 12, 2025, where the unaudited financial statements were approved.
In terms of expenses, Midwest Limited incurred a total of ₹859.24 million during the same quarter, which is a substantial increase from ₹633.58 million in the prior quarter. Notably, the company reported a profit before tax of ₹387.42 million, a significant rise from ₹192.08 million, showcasing improved profitability. The tax expense for the quarter was recorded at ₹96.79 million, leading to a net profit of ₹350.63 million for the period. In comparison, last year’s profit for the same quarter was notably lower, indicating a strong upward trajectory in earnings.
The company's balance sheet also reflects a solid financial position with total assets amounting to ₹7,460.13 million as of September 30, 2025, compared to ₹6,857.37 million at the end of the previous fiscal year. Midwest Limited's equity stood at ₹5,363.15 million, demonstrating robust growth in shareholder value. The announcement and financial results have been well-received by stakeholders, as they indicate a positive outlook for the company amid a competitive industry landscape. Midwest continues to focus on enhancing operational efficiencies while navigating challenges in the market.