Mideast Integrated Steels Reports FY26 Net Loss of ₹662.79 Mn

Mideast Integrated Steels Ltd has announced its standalone audited financial results for the fiscal year ended March 31, 2026. The company reported a net loss of ₹662.79 million for the full year, a significant improvement from the ₹1,480.85 million loss in the previous fiscal year. Revenue from operations for the year stood at ₹441.67 million. The company's total comprehensive income for the year was a loss of ₹658.94 million. The statement also highlights a pending compensation of ₹924.75 crores imposed by the Supreme Court, for which the company is in the process of selling iron ore to comply with norms.