Midwest Q2 Results FY27: PAT Rises 9.17% to Rs 30.25 Cr, Revenue Rs 182.54 Cr

November 10, 2026
Posted by: Harsh Piplani
Category: Results

Quick Answer

Midwest Q2 Results FY27 were declared on 10 November 2026 and show Consolidated revenue of Rs 182.54 Cr, up 15.03% YoY. Net profit came in at Rs 30.25 Cr, up 9.17% from Rs 27.71 Cr a year earlier. These quarterly results cover July to September 2026, and the YoY growth in both revenue and net profit points the same way.

Midwest Ltd (MIDWESTLTD) Q2 Results FY27 announced on 10 November 2026, covering the company’s financial performance for the July to September quarter. The consolidated results report revenue of Rs 182.54 Cr and PAT of Rs 30.25 Cr. Midwest Q2 Results FY27 are the first full read of the quarter, and the results date of 10 November 2026 anchors every comparison that follows on Univest.

This note on Midwest Q2 Results works through the consolidated results line by line. The results analysis below covers the financial highlights, the business drivers behind the quarter, the outlook for FY27 and the risks that matter, beginning with the numbers that were reported on NSE and BSE.

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Table of Contents

Midwest Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 182.54 Cr	Rs 158.69 Cr	+15.03% YoY
Operating Profit	Rs 47.64 Cr	Rs 46.53 Cr	+2.39% YoY
Net Profit (PAT)	Rs 30.25 Cr	Rs 27.71 Cr	+9.17% YoY

Source: company filing for Midwest Q2 Results FY27, 10 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from Midwest Q2 Results: What Stands Out

Revenue rose 15.03% YoY to Rs 182.54 Cr from Rs 158.69 Cr, an increase of Rs 23.85 Cr over the same quarter last year.
Net profit rose 9.17% YoY to Rs 30.25 Cr from Rs 27.71 Cr, a gain of Rs 2.54 Cr against the comparison quarter.
Operating Profit grew 2.39% YoY to Rs 47.64 Cr from Rs 46.53 Cr, slower than the revenue line over the same period.
Midwest Q2 Results FY27 show the consolidated basis reporting growth in revenue, Operating Profit and net profit, so the three lines move in the same direction.
Next, the performance analysis sets the YoY growth in each line against the previous quarter in detail.

Midwest Q2 Results FY27: Performance Analysis

Consolidated numbers show revenue of Rs 182.54 Cr for July to September 2026, 15.03% higher than the Rs 158.69 Cr of the same quarter last year. Net profit was Rs 30.25 Cr against Rs 27.71 Cr, a rise of 9.17% YoY. Operating Profit stood at Rs 47.64 Cr, up from Rs 46.53 Cr a year earlier.

In this results analysis, revenue grew faster than the profit lines. Revenue added Rs 23.85 Cr YoY, while net profit added Rs 2.54 Cr and Operating Profit added Rs 1.11 Cr. Midwest Q2 Results FY27 therefore reads as a quarter of broad growth, with revenue expanding at a quicker rate than profit.

Against the previous quarter, revenue was down 4.8% from Rs 191.84 Cr and net profit was down 2.5% from Rs 31.04 Cr. Investors tracking Midwest Q2 Results will look at how quarterly results settle in the next filings, which is where the results analysis turns to the business factors.

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Key Business Factors This Quarter

Revenue Growth – The results analysis points to revenue as the first factor. Revenue grew 15.0% year on year to Rs 182.54 Cr in the latest quarter, which is the growth shown in the Midwest Q2 Results FY27 figures and the starting point for the quarterly results.

Net Profit Gain – Net profit rose 9.2% year on year to Rs 30.25 Cr. This gain sits behind the headline revenue growth and shows the consolidated bottom line also moved up against the same quarter of the previous year.

Return on Capital – Return on capital employed was 15.88% in FY26. This full-year ratio gives context to the quarterly numbers and shows how efficiently the company used its capital over the last reported financial year, as tracked on the Univest Screener.

FY27 Outlook After Midwest Q2 Results

FY27 full-year results will depend on the quarters still to be reported and on the conditions disclosed by the company in its filings. For now, the consolidated results show one quarter with revenue growth of 15.03% YoY and net profit growth of 9.17%, and the net profit line is the one to follow.

The results analysis for later quarters will show whether revenue keeps building on the Rs 182.54 Cr base and whether Operating Profit of Rs 47.64 Cr holds. Midwest Q2 Results FY27 is one data point in the year, and the risks that come with it are covered next.

Key Risks to Watch After Midwest Q2 Results FY27

Lower Revenue Than Last Quarter

Revenue was down 4.8% quarter on quarter from Rs 191.84 Cr. Strong YoY growth sits beside this sequential dip, so investors should watch the next filing for the direction of revenue.

Softer Net Profit Sequentially

Net profit was down 2.5% quarter on quarter from Rs 31.04 Cr. Because Midwest Q2 Results FY27 show this small decline, the next quarter will indicate whether the net profit trend holds.

Lower Return on Equity

Return on equity declined to 13.54% in FY26 from 25.39% in FY25. This fall in a key return ratio is a full-year signal that sits alongside the quarterly YoY growth.

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Conclusion

The consolidated quarterly results show revenue up 15.03% YoY to Rs 182.54 Cr and net profit up 9.17% to Rs 30.25 Cr. Midwest Q2 Results FY27 show growth across revenue and profit lines, and Midwest Q2 Results should be read with the full consolidated results. Consult a SEBI-registered advisor before acting.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.

Frequently Asked Questions on Midwest Q2 Results FY27

What are Midwest Q2 Results FY27?

Ans. Midwest Q2 Results FY27 are the consolidated quarterly results of Midwest for July to September 2026, with revenue of Rs 182.54 Cr, while net profit stood at Rs 30.25 Cr, as covered in the Quick Answer.

What is the results date for Midwest Q2 Results FY27?

Ans. Midwest Q2 Results FY27 were declared on 10 November 2026, which is the results date for the July to September 2026 quarter, so every figure in the Financial Highlights table comes from that filing.

What revenue was reported in Midwest Q2 Results FY27?

Ans. Midwest reported consolidated revenue of Rs 182.54 Cr in Q2 FY27, compared with Rs 158.69 Cr a year earlier, which means revenue rose by Rs 23.85 Cr as the Financial Highlights table shows.

What net profit was reported in Midwest Q2 Results FY27?

Ans. Midwest reported net profit of Rs 30.25 Cr in Q2 FY27, compared with Rs 27.71 Cr in the same quarter last year, so the Performance Analysis section treats it as a clear gain.

How much YoY growth did revenue show in Midwest Q2 Results FY27?

Ans. Revenue showed YoY growth of 15.03% in Midwest’s Q2 FY27 consolidated results, alongside a 9.17% YoY rise in net profit, which the Performance Analysis section compares in detail.

Did net profit rise or fall in Midwest Q2 Results?

Ans. Midwest Q2 Results show net profit rose 9.17% YoY to Rs 30.25 Cr from Rs 27.71 Cr, which means the bottom line grew alongside revenue, as the Key Takeaways section notes.

What was the Operating Profit in Midwest Q2 Results FY27?

Ans. Operating Profit in Midwest Q2 Results FY27 was Rs 47.64 Cr, compared with Rs 46.53 Cr a year earlier, so it grew 2.39% YoY as noted in the Performance Analysis.

Are Midwest Q2 Results consolidated results or standalone results?

Ans. Midwest Q2 Results are consolidated results, so the revenue of Rs 182.54 Cr and net profit of Rs 30.25 Cr cover the Midwest group, as the Quick Answer and Conclusion state.

What business factors shaped Midwest Q2 Results FY27?

Ans. Revenue growth of 15.0%, a net profit rise of 9.2% and return on capital employed of 15.88% in FY26 shaped Midwest Q2 Results FY27, as set out in the Key Business Factors section.

What are the key risks after Midwest Q2 Results FY27?

Ans. The key risks after Midwest Q2 Results FY27 are the 4.8% sequential revenue dip, the 2.5% sequential net profit decline and lower return on equity, while the Key Risks section explains each in turn.

What is the outlook after Midwest Q2 Results?

Ans. After Midwest Q2 Results, FY27 full-year results depend on the quarters still to be reported, which means the Outlook section ties the net profit trend to later filings.

Where can I find the complete Midwest Q2 Results FY27 data?

Ans. The complete Midwest Q2 Results FY27 data sits in the Financial Highlights table above, alongside the filings on NSE and BSE, while the Univest Screener tracks the same consolidated results for Midwest.

Author: Harsh Piplani

I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.