Net profit of MMTC rose 608.43% to Rs 69.78 crore in the quarter ended March 2024 as against Rs 9.85 crore during the previous quarter ended March 2023. Sales declined 99.91% to Rs 0.64 crore in the quarter ended March 2024 as against Rs 708.20 crore during the previous quarter ended March 2023.For the full year,net profit declined 87.70% to Rs 192.18 crore in the year ended March 2024 as against Rs 1562.27 crore during the previous year ended March 2023. Sales declined 99.85% to Rs 5.34 crore in the year ended March 2024 as against Rs 3528.18 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales0.64708.20 -100 5.343528.18 -100 OPM %-5123.44-2.99 --3043.82-3.06 - PBDT69.3615.39 351 159.72354.13 -55 PBT68.0113.99 386 155.38348.84 -55 NP69.789.85 608 192.181562.27 -88 Powered by Capital Market - Live News

MMTC will hold a meeting of the Board of Directors of the Company on 28 May 2024Powered by Capital Market - Live News

MMTC announced the appointment of Siddharth Mahajan, IAS(RJ:2003), Joint Secretary, Department of Commerce, Ministry of Commerce and Industry as Govt. Nominee Director on the Board of MMTC with immediate effect vice Vipul Bansal, Joint Secretary (DIN:02687229), present Nominee Director on MMTC Board. Powered by Capital Market - Live News

MMTC announced the resignation of Pradip Kumar Varma having (DIN: 01074691) as an Independent director of MMTC with effect from 8 March 2024. Powered by Capital Market - Live News

Net profit of MMTC declined 42.89% to Rs 55.71 crore in the quarter ended December 2023 as against Rs 97.55 crore during the previous quarter ended December 2022. Sales declined 99.90% to Rs 0.73 crore in the quarter ended December 2023 as against Rs 763.16 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales0.73763.16 -100 OPM %-4982.19-4.44 - PBDT60.0223.08 160 PBT59.0421.77 171 NP55.7197.55 -43 Powered by Capital Market - Live News