Mishra Dhatu Nigam Limited MIDHANI has informed that the Company has been recorded highest ever sales of Rs810cr for FY21 compared to Rs712.88cr for FY20.
Highest ever Exports of Rs19.50cr was recorded for FY21 compared to Rs10.42cr for FY20.
Even with disruption in production activities for about 45 days during Qi of FY21, due to the COVID-19 pandemic, MIDHANI was able to mitigate the impact on production with better planning and execution.
For the FY21 continued focus on revenue enhancement and cost reduction has yielded results and leading industry bodies and agencies have bestowed MIDHANI with several awards and accolades.
During the year, MIDHANI continued its focus on cost optimisation measures including indigenisation of various components, increasing outsourcing efforts and rationalisation of manpower.
Mishra Dhatu Nigam was trading at Rs186.40 per piece up by Rs9.7 or 5.49% from its previous closing of Rs176.70 per piece on the BSE, at around 2:28 PM.