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BSE • 2 weeks ago

Midwest Ltd approved establishing a wholly owned subsidiary in Singapore for its overseas operations. The entity will act as an investment holding company for mining heavy mineral sands and rare earth materials.

ScoutQuest • 3 weeks ago

Midwest Ltd has received a Prohibitory Order from the Directorate General of Mines Safety following a mine-side collapse at Chimakurthy, Prakasam District, halting granite extraction and employment until the danger is removed. The order allows only personnel required to remove the danger to remain on-site. No injuries, loss of life, fines, or penalties were reported.

ScoutQuest • 3 weeks ago

Midwest Limited reported strong Q1 results with revenue up 34%, EBITDA up 25%, and net profit up 27% despite a slight margin downtick. Additionally, the company signed an MOU with an Indonesian firm to explore rare earth magnets and manufacturing. The company targets a 2.5x revenue jump and 3x profit jump over the next three to four years, backed by a planned capex of around 300 crore rupees, while aiming for a 15-20% reduction in energy consumption.

BSE • 2 months ago

Midwest Ltd announces its 45th AGM on Sep 28, 2026 via VC/OAVM, adhering to SEBI regulations. The company highlights its focus on critical minerals, including quartz, titanium, and rare-earths, for India's industrial growth.

BSE • 2 months ago

Midwest Ltd accepts LOI for granite quarry leases in Andhra Pradesh. Contract awarded by APMDC for Raising-Cum-Sale basis across 3 locations.

ScoutQuest • 2 months ago

Midwest Ltd's Q1 FY27 revenue grew 35%, EBITDA 25%, PAT 27% YoY. Quartz plant to hit 15,000 tons/month by year-end; MoU for rare earth signed.

ScoutQuest • 3 months ago

Midwest Limited targets FY27 revenue of Rs.840 crore, with Rs.720 crore from Granite and Rs.120 crore from Quartz. Quartz production to increase to 15K tons/month by Q4; rare earth JV with PERMINAS expected this quarter.

BSE • 3 months ago

Midwest Ltd reports no deviations or variations in IPO fund utilization for Q2 FY26. Funds raised totaled ₹2,500M; utilized across subsidiary loans, CAPEX, debt repayment, and GCP.

Zee Business • 3 months ago

Midwest Ltd revenue rose from ₹142 Cr to ₹192 Cr YoY. Margins declined from 27.4% to 25.4% in Q1 results.

Livesquawk • 3 months ago

Midwest Limited's Q1 net profit rose 50% YoY to ₹211M from ₹141M. Q1 revenue increased 25% YoY to ₹985M compared to ₹787M.

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