Mideast Integrated Steels Ltd. Approves UnAudited Standalone and Consolidated Results for Q3 2025

Mideast Integrated Steels Ltd. has approved the UnAudited Standalone and Consolidated Financial Results for the quarter ended 31st December 2025. The company's revenue from operations stands at Rs. 398.83 crores, with a net profit after tax of Rs. (1,215.28) crores. The company is currently dealing with a compensation of Rs. 924.75 crores imposed by the Honorable Supreme Court of India, which was supposed to be paid by 31st December 2017. The company has sold and is in the process of selling iron ore to comply with the Order and norms, with a total deposit of Rs. 415.79 crores as of 31st March 2024, and Rs. 53.86 crores and Rs. 44.17 crores for the FY 2024-25 and the Second Quarter of FY 2025-26 respectively. The company has also filed a 'Curative petition’ and a waiver application, which are still pending.