MMTC Reports Rs 135.59 Crore Loss in Q2 FY26, Receives NINL Divestment Funds
MMTC Limited posted a net loss of Rs 135.59 crore for Q2 FY26. The company made an additional provision of Rs 33.76 crore for the Anglo Coal case following a Delhi High Court order. On a positive note, MMTC received Rs 437.51 crore from the NINL divestment escrow account, including Rs 411.76 crore in principal and Rs 25.75 crore in interest. The Board of Directors approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 in a meeting on November 13, 2025.

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MMTC Limited , a state-owned trading company, has reported financial results for the quarter ended September 30, 2025, revealing significant developments in its operations and financial position.
Q2 FY26 Financial Performance
MMTC posted a net loss of Rs 135.59 crore for the second quarter of the fiscal year 2025-26. This loss comes amidst ongoing legal proceedings and strategic divestments.
Anglo Coal Case Settlement
The company made an additional provision of Rs 33.76 crore related to the Anglo Coal case. This provision follows a Delhi High Court order directing the release of Rs 1000 crore to Anglo. The case and its financial implications highlight the ongoing legal challenges faced by MMTC.
NINL Divestment Proceeds
On a positive note, MMTC received substantial funds from the NINL (Neelachal Ispat Nigam Limited) divestment escrow account. The company reported the receipt of:
| Description | Amount (in Crore) |
|---|---|
| Principal | 411.76 |
| Interest | 25.75 |
| Total | 437.51 |
These funds were released after the expiration of a three-year warranty period on July 4, 2025, marking a significant inflow for MMTC.
Board Meeting and Financial Reporting
As per the LODR (Listing Obligations and Disclosure Requirements) data, MMTC's Board of Directors convened on November 13, 2025, to approve the following:
- Unaudited Standalone Financial Results for Q2 and H1 FY26
- Unaudited Consolidated Financial Results for Q2 and H1 FY26
- Auditors' Report on the unaudited financial results
The board meeting, which started at 11:00 AM and concluded at 4:30 PM, underscores the company's commitment to transparency and regulatory compliance.
Conclusion
MMTC's Q2 FY26 results reflect a challenging period for the company, with a significant net loss and ongoing legal expenses. However, the receipt of NINL divestment funds provides a financial boost. Investors and stakeholders will likely be watching closely to see how MMTC navigates these challenges and utilizes the incoming funds in the coming quarters.
Historical Stock Returns for MMTC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.32% | +1.07% | -3.45% | +17.42% | -11.47% | +289.45% |
































