State-run trading giant MMTC has posted a nearly six-fold jump in net profit at Rs 89.47 crore for the fourth quarter ended March 2012, primarily benefiting from increased imports of fertilisers and coal. The company had registered a net profit of Rs 15.4 crore during the same period of last year.
The public sector entity’s total income in the March quarter declined by 48.40% to Rs 10,940 crore compared to Rs 21,200 crore in the year-ago period.
MMTC’s net profit tumbled 79.04% to Rs 23.48 crore for the full year ended March 2012. The same stood at Rs 112 crore in the previous fiscal.
The compny’s total income for the full-year ended March, 2012, stood at over Rs 66,000 crore as against more than Rs 68,000 crore recorded in the same period a year ago.
| Company Name | CMP |
|---|---|
| Redington | 235.90 |
| Amrapali Industries | 35.09 |
| Adani Enterprises | 2920.25 |
| Rashi Peripheral | 558.60 |
| PDS | 306.45 |
| View more.. | |
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