MMTC Reports Rs 135.59 Crore Loss in Q2 FY26, Receives NINL Divestment Funds

1 min read     Updated on 14 Nov 2025, 01:23 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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:

  1. Unaudited Standalone Financial Results for Q2 and H1 FY26
  2. Unaudited Consolidated Financial Results for Q2 and H1 FY26
  3. 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 Day5 Days1 Month6 Months1 Year5 Years
+0.32%+1.07%-3.45%+17.42%-11.47%+289.45%

MMTC Limited Approves Q1 FY2026 Unaudited Financial Results

1 min read     Updated on 11 Aug 2025, 06:12 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

MMTC Limited's Board of Directors approved the unaudited financial results for Q1 FY2026 on August 7, 2025. The meeting, held from 12:00 PM to 3:00 PM, reviewed both standalone and consolidated results for the quarter ended June 30, 2025, along with auditors' reports. In compliance with SEBI regulations, MMTC has submitted these results to NSE and BSE, and made them available on their official website.

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*this image is generated using AI for illustrative purposes only.

MMTC Limited , a prominent player in the Indian trading sector, has announced the approval of its unaudited financial results for the first quarter of the fiscal year 2026. The company's Board of Directors convened on August 7, 2025, to review and approve the financial statements.

Key Highlights

  • The Board meeting commenced at 12:00 P.M. and concluded at 3:00 P.M. on August 7, 2025.
  • Both standalone and consolidated unaudited financial results for the quarter ended June 30, 2025, were approved.
  • Auditors' reports on both standalone and consolidated financial results were also reviewed and approved.

Regulatory Compliance

In adherence to the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, MMTC Limited has promptly informed both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) about these developments. The company has taken the following steps to ensure transparency and compliance:

  1. Submitted the unaudited standalone and consolidated financial results to the stock exchanges.
  2. Provided the auditors' reports on both standalone and consolidated financial results.
  3. Made the financial results and auditors' reports available on the company's official website ( www.mmtclimited.com ).

Investor Access

Shareholders and interested parties can access the detailed financial results and auditors' reports through the following channels:

The prompt disclosure of these financial results demonstrates MMTC Limited's commitment to maintaining transparency with its stakeholders and complying with regulatory requirements.

Investors and analysts are encouraged to review the complete financial statements to gain a comprehensive understanding of the company's performance for the quarter ended June 30, 2025. As these are unaudited results, they provide an initial snapshot of the company's financial position, subject to further review and potential adjustments.

MMTC Limited continues to play a significant role in India's trading sector, and these quarterly results offer valuable insights into the company's operational and financial performance amidst the evolving economic landscape.

Historical Stock Returns for MMTC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%+1.07%-3.45%+17.42%-11.47%+289.45%
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