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MMTC presents dividend cheque of Rs 24.83 crore to GoI

03 Nov 2012 Evaluate

Minerals and Metals Trading Corporation (MMTC), a state-owned trading firm, has presented an amount of Rs 24.83 crore to Government of India (GoI) for 2011-12 fiscal. The cheque was presented to Commerce and Industry Minister by the company.

The company in its annual general meeting held on September 28, 2012 had declared dividend pay out of 25% for 2011-12 on its paid up equity capital. Besides for 2011-12, the company has achieved a turnover of Rs 65,929 crore which includes exports of Rs 2,045 crore, imports of Rs 61,042 crore and domestic trade of Rs 2,842 crore.

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.

MMTC Share Price

66.32 -1.38 (-2.04%)
11-May-2026 14:31 View Price Chart
Peers
Company Name CMP
Redington 220.00
Adani Enterprises 2503.50
Amrapali Industries 17.50
Rashi Peripheral 542.05
PDS 294.30
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