Midwest Limited (NSE:MIDWESTLTD)
India · Delayed Price · Currency is INR 1,380.10
-94.40 (-6.40%)
At close: Feb 13, 2026
Midwest Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 |
Operating Revenue | 6,600 | 6,262 | 5,856 | 5,025 | 5,252 | 3,800 |
Other Revenue | -33.1 | - | - | 94.16 | 42.99 | 74.78 |
| 6,567 | 6,262 | 5,856 | 5,119 | 5,295 | 3,875 | |
Revenue Growth (YoY) | 12.13% | 6.93% | 14.39% | -3.32% | 36.67% | 50.64% |
Cost of Revenue | 2,979 | 3,089 | 3,051 | 2,866 | 3,036 | 1,124 |
Gross Profit | 3,588 | 3,173 | 2,805 | 2,253 | 2,260 | 2,751 |
Selling, General & Admin | 605.32 | 534.37 | 441.43 | 408.38 | 565.73 | 505.89 |
Other Operating Expenses | 998.3 | 810.56 | 701.33 | 767.12 | 543.68 | 1,202 |
Operating Expenses | 1,924 | 1,617 | 1,433 | 1,434 | 1,301 | 1,895 |
Operating Income | 1,664 | 1,556 | 1,372 | 819.01 | 958.4 | 855.92 |
Interest Expense | -148.93 | -106.12 | -81.85 | -88.4 | -87.1 | -64.72 |
Interest & Investment Income | 63.71 | 63.71 | 21.69 | 16.76 | 9.88 | 2.16 |
Earnings From Equity Investments | 257.88 | 257.88 | - | 0.05 | -5.63 | 0.16 |
Currency Exchange Gain (Loss) | -15.82 | -15.82 | 3.42 | -28.6 | 43.91 | 25.73 |
Other Non Operating Income (Expenses) | 5.81 | 5.81 | 0.25 | 11.39 | 5.35 | 2.57 |
EBT Excluding Unusual Items | 1,827 | 1,762 | 1,316 | 730.21 | 924.8 | 821.82 |
Impairment of Goodwill | - | - | -14.77 | - | -0.11 | -2.96 |
Gain (Loss) on Sale of Investments | 42.75 | 42.75 | 8.49 | - | 2.86 | 1.88 |
Gain (Loss) on Sale of Assets | -2.3 | -2.3 | 56.58 | 6.06 | 4.78 | -8.47 |
Asset Writedown | -33.2 | -33.2 | -16.17 | -0.42 | -4.75 | -5.51 |
Other Unusual Items | -246.81 | 11.07 | 28.1 | 51.14 | 0.27 | 11.77 |
Pretax Income | 1,587 | 1,780 | 1,378 | 786.99 | 933.02 | 828.57 |
Income Tax Expense | 407.86 | 447.07 | 374.81 | 242.63 | 262.08 | 226.43 |
Earnings From Continuing Operations | 1,179 | 1,333 | 1,003 | 544.36 | 670.94 | 602.14 |
Minority Interest in Earnings | -14.54 | -108.87 | -37.95 | -3.53 | -37.93 | -34.26 |
Net Income | 1,165 | 1,224 | 965.29 | 540.83 | 633.01 | 567.89 |
Net Income to Common | 1,165 | 1,224 | 965.29 | 540.83 | 633.01 | 567.89 |
Net Income Growth | 20.65% | 26.81% | 78.48% | -14.56% | 11.47% | 254.24% |
Shares Outstanding (Basic) | 37 | 34 | 34 | 34 | 34 | 22 |
Shares Outstanding (Diluted) | 37 | 34 | 34 | 34 | 34 | 22 |
Shares Change (YoY) | 9.69% | - | - | - | 55.04% | -8.17% |
EPS (Basic) | 31.40 | 36.20 | 28.55 | 16.00 | 18.72 | 26.04 |
EPS (Diluted) | 31.40 | 36.20 | 28.55 | 16.00 | 18.72 | 26.04 |
EPS Growth | 10.00% | 26.81% | 78.48% | -14.56% | -28.11% | 285.77% |
Free Cash Flow | - | -965.22 | 648.17 | -963.98 | 791.3 | 236.94 |
Free Cash Flow Per Share | - | -28.55 | 19.17 | -28.51 | 23.40 | 10.87 |
Dividend Per Share | - | - | - | 3.956 | - | - |
Gross Margin | 54.63% | 50.67% | 47.90% | 44.02% | 42.68% | 70.99% |
Operating Margin | 25.34% | 24.85% | 23.43% | 16.00% | 18.10% | 22.09% |
Profit Margin | 17.73% | 19.55% | 16.48% | 10.56% | 11.95% | 14.66% |
Free Cash Flow Margin | - | -15.41% | 11.07% | -18.83% | 14.94% | 6.12% |
EBITDA | 1,969 | 1,796 | 1,589 | 1,029 | 1,129 | 996.61 |
EBITDA Margin | 29.98% | 28.68% | 27.13% | 20.10% | 21.32% | 25.72% |
D&A For EBITDA | 304.8 | 239.47 | 216.37 | 210 | 170.84 | 140.69 |
EBIT | 1,664 | 1,556 | 1,372 | 819.01 | 958.4 | 855.92 |
EBIT Margin | 25.34% | 24.85% | 23.43% | 16.00% | 18.10% | 22.09% |
Effective Tax Rate | 25.70% | 25.11% | 27.20% | 30.83% | 28.09% | 27.33% |
Revenue as Reported | 6,736 | 6,431 | 6,033 | 5,222 | 5,395 | 3,939 |
Advertising Expenses | - | 7.65 | 5.59 | 3.66 | 0.62 | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.