Ministry of Steel grants Miniratna Category-I status to MECON Limited

Exam-focused facts from the 3 July 2026 current affairs briefing.

Key facts

The Ministry of Steel has granted Miniratna Category-I status to MECON Limited.
MECON Limited recorded a profit before tax (PBT) of ₹77.62 crore in FY 2023-24 (restated), ₹32.08 crore in FY 2024-25, and ₹104.53 crore in FY 2025-26.
The company reported a positive net worth of ₹535.42 crore as of 31 March 2026.
The status was granted based on eligibility criteria prescribed by the Department of Public Enterprises (DPE).
Established in 1959 and headquartered in Ranchi, MECON Limited is an engineering, consultancy, project management, and contracting organisation.