Midwest Ltd share price gained 0.87% to Rs 1010.0. The Company's net profit softened by 2.55% to Rs 30.25 crore, while revenue from operations slipped slightly by 4.85% to Rs 182.54 crore in Q2FY27 over Q2FY26.

The market capitalization of Granites & Marbles industry group stocks on BSE stood at Rs 7518.84 crore, slipping 9.25%. It has inched up 4.18% over last one week and collapsed sharply by 15.12% in last one month while the market capitalization of Midwest Ltd has marginally improved by 0.48% and 10.38% in the same period respectively.

Profit before tax (PBT) of Midwest Ltd stood at Rs 40.8 crore in Q2 FY27, gaining 8.40% year-on-year, and declining 2.97% quarter-on-quarter. EBITDA came in at Rs 41 crore, declining 8.46% YoY and slipping 5.19% sequentially.

Total expenses slightly declined by 5.12% to Rs 144.07 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 8.39 crore, soaring by 41.48% YoY, while employee benefits expense was at Rs 15.21 crore, seeing a marginal contraction of 1.43% YoY.

For FY26, revenue from operations inched higher 3.10% to Rs 645.62 crore, while net profit plunged by 20.12% to Rs 106.48 crore, compared to previous FY. EBITDA surged by 15925% to Rs 160.21 crore, and PBT fell 19.26% to Rs 143.73 crore compared to previous FY.

The company's consolidated net cash flow from operating activities stood at Rs 174.72 crore in FY26, as against Rs 87.31 crore in FY25.

Midwest Ltd crashed 8.11% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.91% during the same period.