Midwest Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
A withheld summary was generated but did not pass Parakho's publication checks; nothing that fails a check is shown. How we check these summaries
Midwest Limited reported Q1 FY27 revenue growth of 35% year-on-year, with EBITDA growth of 25% and PAT growth of 27%, driven largely by the granite business. Management discussed the quartz plant ramp-up, an MoU signed with Indonesia's PERMINAS for rare earth exploration, and progress on the Sri Lanka HMS project following finalization of the relevant government policy. Diesel cost volatility compressed granite EBITDA margins by 190 basis points during the quarter, which management attributed to a spike in diesel prices.