BSEResult2d ago · 12 Aug 2026, 02:53 pm
Submission of Unaudited Standalone and Consoldiated Financial Results for the Quarter Ended June 30, 2026.
Midwest Ltd · 544587
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Midwest Ltd has submitted its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and has also announced several board-level appointments and changes.
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Full Announcement
Midwest Ltd - 544587 - Financial Results For The Quarter Ended 30Th June 2026
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August 12, 2026
To, To,
The Listing Department The Listing Department
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400001 Mumbai – 400051
Scrip Code: 544587 Symbol: MIDWESTLTD
Dear Sir / Madam,
Sub.: Outcome of the Board Meeting
Pursuant to Regulation 30 & Regulation 33 read with Schedule III of SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015, we hereby inform you that the Board of Directors of the
Company at its meeting held today, i.e. Wednesday, August 12, 2026, has, inter alia:
1. Approved the Un-audited (standalone & consolidated) financial results for the quarter ended June
30, 2026. (Enclosed).
2. Took note of the Limited Review Report in respect of un-audited (standalone & consolidated)
financial results, received from M/s. M S K A & Associates LLP, Statutory Auditors, of the
Company for the quarter ended June 30, 2026. (Enclosed).
3. The Board of Directors, based on the recommendation of the Audit Committee, approved the
appointment of M/s. Eswaraiah & Co., Chartered Accountants (Firm Registration No. 006157S) as
the Internal Auditors of the Company for the Financial Year 2026-27, pursuant to Section 138 of
the Companies Act, 2013 and the rules made thereunder.
4. The Board of Directors approved the appointment of M/s. B S S & Associates, Company Secretaries
(Firm Registration No. 7999) as the Secretarial Auditor of the Company for a term of 5 (Five) years
subject to approval of shareholders.
5. Approved the continuation of appointment of Mr. Rana Som (DIN: 00352904) as Independent
Director of the Company pursuant to Reg 17 (1A) of SEBI LODR subject to approval of
shareholders.
6. Approved the change in designation of Mrs. Soumya Kukreti (DIN: 01760289) from Whole-time
Director to Non-Executive Director of the Company subject to approval of shareholders.
7. Board approved the Board of Director’s Report (Board’s Report) along with Corporate Governance
report and other annexures for the year 2025-26.
8. Approved the Notice convening the Annual General Meeting (AGM) of the Company for the
Financial Year 2025-26 and authorized the Company Secretary/Managing Director to issue the same
to the Members of the Company.
9. Appointment of M/s. B S S & Associates, Company Secretaries, as the Scrutinizer for the 45th
Annual General Meeting of the Company and NSDL for providing e-voting and video conferencing
facilities for the AGM.
The meeting of the Board of Directors commenced at 12.00 Noon and concluded at 02.00 P.M.
This is for your information and record.
Thanking you,
Yours faithfully,
For Midwest Limited
K. Achyutanand Reddy
Company Secretary & Compliance Officer
M. No.: A44619
1101/B, Manjeera Trinity Corporate
JNTU-Hitech City Road, Kukatpally
Telangana, Hyderabad 500072, INDIA
Standalone unaudited financial results ofMidwest Limited
(formerly known as Midwest Private Limited) for the quarter pursuant to Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
To The Board of Directorsof Midwest Limited
1. We have reviewed the accompanying statement of standalone unaudited financial results of Midwest
Limited (hereinafter referred to as for the quarter ended June 30, 2026
attached herewith, being submitted by the Company pursuant to the requirements of
Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements)Regulations, 2015, as amended( Regulations ).
2. This Statement, which is the responsibility of and has been approved by
in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 ,
prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued
thereunder and other recognised accounting principles generally accepted in India and is
in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement
based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the
Entity issued by the Institute of Chartered Accountants of India. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of
the Act and consequently does not enable us to obtain assurance that we would become aware of all
significant matters that might be identified in an audit. Accordingly, we do not express an audit
opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that
causes us to believe that the accompanying Statement prepared in accordance with the recognition and
measurement principles laid down in Ind AS 34 and other recognised accounting principles generally
accepted in India has not disclosed the information required to be disclosed in terms of the
Regulations, including the manner in which it is to be disclosed, or that it contains any material
misstatement.
For MS KA& Associates LLP
(Formerly known as M S K A & Associates)
Chartered Accountants
ICAI Firm Registration No.105047W/W101187
Ananthakrishnan Govindan
Partner
Membership No.:205226
UDIN: 26205226IRLXTH4072
Place: Hyderabad
Date: August 12, 2026
Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India
Tel: +91 22 6974 0200 | LLPIN: ACT-3789
Ahmedabad | Bengaluru | Chandigarh | Chennai | Coimbatore | Goa | Gurugram | Kochi | Kolkata | Mumbai | Pune www.mska.in
Midwest Limited (formerly known as Midwest Private Limited)
(CIN: L14102TG1981PLC003317)
Registered address: Level 19, Wing A, Sky One, Prestige Skytech, Financial District, Nanakramguda, Gachibowli, K.V. Rangareddy,
Serilingampally, Telangana, 500032
Statement of standalone financial results for the quarter ended June 30, 2026
(All amounts are in ? Millions, unless otherwise stated)
Quarter ended Year ended
June March June March
S.No. Particulars 30, 2026 31, 2026 30, 2025 31, 2026 I,
Audited Audited
Unaudited Audited
(Refer note 4) (Refer note 4)
1 Income
Revenue from operations 985.24 1,177.82 786.94 4,217.71
Other income 74.87 47.25 38.72 169.93
Total income 1,060.11' 1,225.07 825.66 4,387.64
2 Expenses
Extraction expenses 98.75 148.73 87.22 464.27
Seigniorage and cess fees 54.24 54.67 62.73 235.42
Cost of materials consumed 20.99 31.99 27.62 123.55
Purchases of stock-in-trade 1.86 5.71 4.67 15.83
Changes in inventories of finished goods, stock-in-trade
4.43 (5.34) (7.60) (13.14)
and work-in-progress
I Consumption of stores and spares 186.16 144.96 120.56 606.22
Employee benefits expense 106.88, 116.49 84.59 438.91
Finance costs 10.91 11.27 25.06 84.17
Depreciation and amortisation expenses 49.78 50.28 44.03 190.30
Other expenses 243.70 321.78 184.70 926.61
Total expenses 777.70 880.54 633.58 3,072.14
3 Profit before tax (1-2) 282.41 344.53 192.08
1,315.50]
4 Tax expense I
Current tax 76.00 98.00 52.00 350.00
Deferred tax credit (4.92) (9.21) (1.07) (10.78)
Total tax expense 71.08 88.79 50.93 339.22
5 Profit for the period/year (3-4) 211.33 255.74 141.15 976.28
6 Other comprehensive income/(loss)
Items that will not be reclassified to profit or loss
(i) Re-measurement gain/(loss) on defined benefit plans (0.39) 0.74 3.38 (1.56)
(ii) Income tax relating to items that will not be reclassified to
I 0.10 (0.19) (0.85) 0.39
profit or loss
Total other comprehensive income/(loss) (0.29) 0.55 2.53 (1.17)
7 Total comprehensive income for the period/year (5+6) 211.04 256.29 143.68 975.11
of < I
8 Paid-up Equity Share Capital (Face value 5/- each fully paid up) 180.80 180.80 169.06 180.80
9 Oth
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