MMTC has reported results for third quarter ended December 31, 2012.
The company has registered a net profit of Rs 28.84 crore in Q3FY13 as compared to a net loss of Rs 91.31 crore in the corresponding quarter previous year. However, the total income of the company has decreased by 61.60% to Rs 7334.36 crore for the quarter under review as compared to Rs 19100.48 crore in the same quarter last 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.
