Midwest Ltd reports Q2 FY27 consolidated revenue of ₹182.54 crore and net profit of ₹30.24 crore
- Revenue rose 15.0% year on year but fell 4.8% sequentially; net profit increased 9.1% year on year and declined 2.6% sequentially. Segment PBIT margin was 24.9%.
- Board approved an HDFC Bank corporate guarantee for facilities to AP Midwest Galaxy Private Limited and agreements with Infinite Beam Private Limited for captive power purchase and a 26% equity stake acquisition.
- Auditors issued unmodified limited-review conclusions; the consolidated review included unaudited interim information provided by management for nine subsidiaries.
