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MMTC reports 50% decline in Q1 net profit

14 Aug 2013 Evaluate

MMTC has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has reported 50.08% decline in its net profit at Rs 6.02 crore for the quarter, as compared to Rs 12.06 crore for the same quarter in the previous year. However, total income of the company has increased by 63.88% to Rs 8864.16 crore for the quarter under review as compared to Rs 5408.86 crore for the quarter ended June 30, 2012.

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

68.32 6.42 (10.37%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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