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The unaudited consolidated financial results for the quarter and half year ended September 30, 2025 ("the financial results") have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ('Ind AS') notified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules thereunder and other accounting principles generally accepted in India and in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the regulations"). <BR> <BR> 2. Subsequent to the quarter ended September 30, 2025, the Company’s equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on October 24, 2025. The Initial Public Offering (IPO) aggregated to Rs. 4,510.00 million, comprising 4,235,724 equity shares, including a Fresh Issue of 2,348,401 equity shares aggregating to Rs. 2,500.00 million and an Offer for Sale (OFS) of 1,887,323 equity shares aggregating to Rs. 2,010.00 million. <BR> <BR> 3. The unaudited consolidated financial results for the quarter and half year ended September 30, 2025 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on November 12, 2025. The statutory auditors have carried out limited review of these unaudited consolidated financial results and have issued an unmodified report on these results. <BR> <BR> 4. The figures for the corresponding quarter and half year ended September 30, 2024 are presented based on the information complied by the management in accordance with Ind AS and have not been subject to review or audit by the statutory auditors. However, the management has prepared the results for the said periods by applying consistent accounting policies. The requirement of submission of quarterly consolidated financial results is applicable on listing of equity shares of the Company from the quarter ended September 30, 2025. Thus, this statement of unaudited consolidated financial results for the quarter and half year ended September 30, 2025, is prepared for the first time in compliance with Regulation 33 of the Listing Regulations. <BR> <BR> 5. The consolidated financial results include the results of the following group companies (collectively referred as "The Group"): <BR> <BR> i. Andhra Pradesh Granite (Midwest) Private Limited <BR> ii. Midwest Neostone Private Limited <BR> iii. AP Midwest Galaxy Private Limited <BR> iv. Deccan Silica LLP <BR> v. NDR Mining Co <BR> vi. Maitreya Minerals <BR> vii. Baahula Minerals <BR> viii. Reliance Diamond Tools Private Limited <BR> ix. Southasia Granite & Marble Private Limited <BR> x. Trinco Mineral Sands Private Limited <BR> xi. Midwest Heavy Sands Private Limited <BR> xii. Midwest Holdings Limited <BR> xiii. Maven Holdings Limited <BR> xiv. Midwest Africa LDA <BR> xv. Midwest Koriba LDA <BR> xvi. South Coast Infrastructure Development Company of Andhra Pradesh Limited <BR> xvii. S.C.R. Agro Tech Private Limited <BR> (a wholly owned subsidiary of South Coast Infrastructure Development Company of Andhra Pradesh Limited) <BR> <BR> 6. The figures for the quarter ended June 30, 2025 have been extracted from the audited special purpose Ind AS Interim consolidated financial statements of the group prepared for the purpose of inclusion in the offer documents. Further, the figures for the year ended March 31,2025 have been extracted from the general purpose consolidated financial statements of the group which were audited by the statutory auditors of the group. <BR> <BR> 7. The entity’s share of losses in the joint venture has not been recognized, as such losses exceed the entity’s interest in the joint venture in accordance with paragraph 38 of Ind AS 28. <BR> <BR> 8. The Group is primarily engaged in the business of exploration, extraction, manufacturing, processing, and sale of dressed granite blocks, slabs, quartz, and diamond cutting wires. During the quarter, the Group has identified and reported its operating segments for the first time in accordance with the requirements of Ind AS 108 – “Operating Segments.” <BR> <BR> 9. These financial results are also available on the parent's website (www.midwest.in) and on the stock exchange websites (www.bseindia.com and www.nseindia.com).2025-04-012025-09-30UnauditedConsolidated3009560000625900003072150000620900008330000604000025935000072520000140000000181873000023670600007050900000705090000182610000159000018420000005208900000000520890000351700005560600005098100001108000054492000011140000169060000515.4115.410015.4115.41Quarry Expenses201170000Seigniorage and cess fees171710000Consumption of stores and spares256080000Other Expenses295370000Quarry Expenses340090000Seigniorage and cess fees419480000Consumption of stores and spares413820000Other Expenses64534000038366100008076600000154800007300001259250000001998800000299240000138830000637950000715800005692800007198540000264970000019096200003510400005400000270880000200002536960000082407000036260000000010824540000169060000656753000067365900001434900006880080000163795000000016058000017985300005321000027530000001879270000653390000462400003962600004425000003375200001433410000309520000270300002952300000206519000000394446000010824540000Granite1546240000Quartz0Others57220000Elimination-16550000Granite2904740000Quartz600000Others120770000Elimination-16550000158691000030095600000015869100003009560000Granite412260000Quartz3310000Others5180000Elimination-8840000Granite778630000Quartz-9830000Others24690000Elimination-15880000411910000777610000354900007252000000376420000705090000Granite9015770000Quartz1538820000Others1618060000Elimination-134811000010824540000010824540000Granite2232080000Quartz1514190000Others1120690000Elimination-922500000394446000003944460000725200001115000048567000009946000000-49100000-570100000-113600000140000000029800000-4529000000670000315500000-52000000-69400004360000065789000013629800000001163700000124661000000000000227800009876800000000000000000472000000067000029930000016070000-9229500000000000048549000051675000041200000772500000-2240000-1148700002087900000208790000142250000351040000Remeasurement losses on defined benefit plans33800003380000Remeasurement losses on defined benefit plans744000074400008500001870000Exchange differences in translating the financial statements of foreign operations3123000031230000Exchange differences in translating the financial statements of foreign operations2960000029600000003376000035170000