New Delhi, Nov. 12 -- Mishra Dhatu Nigam (MIDHANI) shares surged over 8% on Thursday, 12 November, following a strong set of Q2 FY27 results. The defence PSU reported a sharp improvement in profitability, driven by higher revenue and expansion in operating margins.

MIDHANI's net profit more than doubled to Rs.28 crore in the July-September quarter of FY27, compared with Rs.13 crore in the corresponding period last year.

The company recorded a 41.1% year-on-year (YoY) increase in revenue from operations to Rs.296 crore, against Rs.210 crore in Q2 FY26, according to its stock exchange filing.

Operating performance remained strong during the quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 51.6% to Rs.50...