MMTC Limited has reported its audited financial results for the quarter and year ended March 31, 2026, recording a standalone net profit of ₹463.30 crore for the fiscal year. This marks a significant increase from the ₹97.20 crore net profit reported in the previous fiscal year ended March 31, 2025. The consolidated net profit for FY26 stood at ₹638.61 crore, up from ₹114.30 crore in the prior year.

For the quarter ended March 31, 2026, the standalone net profit was ₹15.55 crore, while the consolidated net profit was ₹109.89 crore. The company’s total income from operations for the year stood at ₹3.41 crore on a standalone basis and ₹3.41 crore on a consolidated basis.

The Board of Directors approved the financial results at its meeting held on May 29, 2026. The results have been reviewed by the Audit Committee and are subject to review by the Comptroller and Auditor General (C&AG) of India under Section 143(6) of the Companies Act.

Financial Performance

The table below summarizes the key financial metrics for MMTC Limited for the quarter and year ended March 31, 2026:

The financial results were filed with the stock exchanges pursuant to Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed results are available on the websites of the National Stock Exchange and Bombay Stock Exchange, as well as the company’s official website.

MMTC Limited has extended the term of its Chairman and Managing Director (CMD), Shri Nitin Kumar Yadav, for a period of one year effective from April 27, 2026. The extension follows an order issued by the Ministry of Commerce & Industry on May 29, 2026. Yadav will continue to lead the government enterprise until April 26, 2027, or until further orders, whichever is earlier.

The appointment was communicated to the stock exchanges via a regulatory filing under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company confirmed receipt of the government order, numbered A-12022/20/2019-E. IV, which formalizes the extension of his tenure.

Shri Nitin Kumar Yadav is an IAS officer from the 2000 batch (HR:2000) and currently serves as Additional Secretary in the Department of Commerce. In addition to his role at MMTC Limited, he holds the additional charge of Chairman and Managing Director at PEC Limited and State Trading Corporation (STC) Limited for specified periods overlapping with his new term at MMTC.

The table below details the tenure extensions for Shri Nitin Kumar Yadav across the three government enterprises:

The Ministry of Commerce & Industry issued the office order with the approval of the Hon'ble Minister of Commerce & Industry. The intimation was signed by Ajay Kumar Misra, Company Secretary of MMTC Limited , and submitted to both BSE Limited and National Stock Exchange of India Limited.