MMTC has reported unaudited results for the year ended March 31, 2011.
The company’s net profit for the year ended March 31, 2011 has declined 43.75% at Rs 121.64 crore as compared to Rs 216.24 crore for the last year. Its total income has grown by 52.34% at Rs 69,091.32 crore for the year under review from Rs 45,353.61 crore for the FY10.
MMTC is one of the leading companies in India which deals in agricultural commodities, fertilizers and minerals. Besides, it is also an importer of gold and silver. Presently, the trading company has an overseas office in Singapore.
