Are Mid India Inds. latest results good or bad?

Jul 26 2025 07:11 PM IST
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Mid India Industries' latest results show flat performance with net sales of Rs 1.49 crore, an 8.76% quarter-on-quarter growth, and a net profit of Rs 0.02 crore, reflecting a 150% increase. While there are signs of recovery, concerns remain about its ability to navigate the competitive garments sector.
Mid India Industries has reported its financial results for the quarter ending March 2025, which were released on July 25, 2025. The results indicate a flat financial performance with no significant growth or decline in key metrics during this period.

In terms of specific financial data, the company experienced a net sales figure of Rs 1.49 crore for March 2025, reflecting a quarter-on-quarter growth of 8.76%. This follows a substantial decline of 42.44% in the previous quarter. The standalone net profit for the same period was Rs 0.02 crore, showing a notable growth of 150.00% compared to a decline of 200.00% in the prior quarter. The operating profit margin, excluding other income, was reported at 2.01%, with a quarter-on-quarter change of 11.50%.

It is also important to note that the company saw an adjustment in its evaluation over the last three months, indicating a shift in its financial standing. As a microcap entity in the competitive garments and apparels sector, Mid India Industries' recent performance may raise concerns among stakeholders, and its ability to navigate current market conditions will be observed closely moving forward.
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