Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) rose 4% to ₹54.3 crore from ₹52.2 crore last year. However, EBITDA margins declined to 19.7% from 22% in the corresponding quarter.
The Mini-Ratna defence PSU said the value of production (VoP) during the third quarter stood at ₹304.05 crore, registering an 18.1% increase over ₹257.45 crore in the year-ago period.Also Read:
Q3 Results LIVE Updates | Honasa Consumer profit up 93% YoY; Zaggle bottomline up 84%Profit before tax (PBT) for the quarter came in at ₹38.97 crore, up 8.25% from ₹36 crore in the corresponding period last year.
For the nine-month period ended December 31, 2025, the company reported turnover of ₹655.88 crore, compared with ₹663.54 crore in the same period of the previous year.
The company added that its order book as of January 1, 2026 stood at approximately ₹2,440 crore.
On November 21, 2025, the government notified key labour codes consolidating 29 laws into a single framework. MIDHANI assessed the impact and recorded an additional liability of about ₹18.23 lakh, adding that it will continue to monitor further developments.
Also Read: Hindalco Q3 Results: India business shines; Novelis disruption weighs on performance
MIDHANI shares ended lower on February 12, closing at ₹367.80 on the NSE, down ₹2.15 or 0.58% for the day.
