Midwest Limited, previously known as Midwest Granite Private Limited, announced a profit of ₹35.06 million for the second quarter of FY2025 on November 12, 2025. This financial performance was disclosed in the board meeting held on the same day, where the directors reviewed the un-audited standalone and consolidated financial results for the quarter ending September 30, 2025. The company’s total income for the quarter reached ₹1,246.66 million, reflecting a robust operational performance despite challenges in the market. This result is part of a broader financial disclosure which also includes a limited review report from M/s. M S K A & Associates, the company's statutory auditors.
The results showcased a significant increase in revenue from operations, totaling ₹786.94 million, while other income contributed ₹387.2 million to the overall earnings. Total expenses for the quarter stood at ₹859.24 million, leading to a profit before tax of ₹38.74 million. After accounting for a total tax expense of ₹9.68 million, the company reported a net profit of ₹35.06 million for the quarter. Additionally, the earnings per equity share were reported at ₹8.60, highlighting the company's ability to generate shareholder value during this period.
As of September 30, 2025, Midwest Limited's total assets were valued at ₹7,460.13 million, with total equity amounting to ₹5,363.15 million. The balance sheet reflects a strong financial position, supported by significant investments and a diverse asset base. The company continues to focus on growth and operational efficiency as it navigates the competitive landscape. This quarterly performance sets a positive tone for the remainder of the fiscal year, reaffirming the company's commitment to delivering value to its stakeholders.