Total expenses rose 78.5% to Rs 146.18 crore in Q1 June 2023 over Q1 June 2022. During the quarter, cost of materials consumed stood at Rs 157.60 crore (up 47.8% YoY) while employee benefits expense was at Rs 30.19 crore (up 12.3% YoY).

In Q2 FY23, the Value of Production (VoP) reached Rs 295.66 crore, marking a 26.53% growth compared to the previous year's quarter.

The order book position of the company as on 1st July 2023 stood at Rs 1408.21 crore.

Mishra Dhatu Nigam is engaged in the business of manufacturing of superalloys, titanium, special purpose steel and other special metals.