MMTC has reported results for third quarter ended December 31, 2014.
The company has reported a net loss of Rs 20.76 crore for the quarter under review as compared to a net loss of Rs 8.71 crore for the same quarter in the previous year. The total income of the company increased 15.45% at Rs 5573.32 crore for Q3FY15 as compared Rs 4827.46 crore for the corresponding quarter previous year.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India. With its comprehensive infrastructural expertise to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of regional and port offices in India, as well as international subsidiary.
