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MMTC reports stellar Q3 numbers

14 Feb 2017 Evaluate

MMTC has reported results for third quarter ended December 31, 2016.  

The company has reported around fourfold jump in its net profit at Rs 74.43 crore for the quarter under review as compared to Rs 19.89 crore for the same quarter in the previous year. Total income of the company increased by 35.73% at Rs 4961.54 crore for the quarter under review as compared Rs 3655.44 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.

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