MSTC Limited Reports 9% Revenue Growth in Q1, Appoints New Secretarial Auditor

1 min read     Updated on 13 Aug 2025, 08:19 PM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

MSTC Limited, a Government of India enterprise, announced Q1 financial results with total income of ₹9,365.88 crore, up 9% year-over-year. Net profit increased 9.5% to ₹4,432.31 crore. E-commerce segment was the primary revenue driver, contributing ₹8,956.85 crore. The company appointed M/s. Basu and Associates as Secretarial Auditor for five years, subject to shareholder approval. MSTC continues to face legal proceedings with Standard Chartered Bank regarding a ₹14,361.97 crore dispute from 2008-09.

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

MSTC Limited , a Government of India enterprise, has announced its financial results for the first quarter, showcasing robust growth and strategic developments.

Financial Performance

For the quarter ended June 30, MSTC reported a total income of ₹9,365.88 crore, marking a 9% increase from ₹8,600.61 crore in the same quarter of the previous year. The company's net profit after tax stood at ₹4,432.31 crore, up from ₹4,045.66 crore in the corresponding quarter, representing a growth of 9.5%.

Segment-wise Performance

The E-commerce segment emerged as the primary revenue driver, contributing ₹8,956.85 crore to the total revenue. The Marketing segment generated ₹402.05 crore during the quarter.

Key Financial Metrics

Metric Current Quarter Previous Year Quarter
Earnings per share (EPS) ₹6.30 ₹5.75
Employee benefits expenses ₹2,324.76 crore ₹2,172.08 crore
Other expenses ₹3,402.85 crore ₹3,153.06 crore

Appointment of New Secretarial Auditor

In a significant corporate governance move, MSTC's Board of Directors has approved the appointment of M/s. Basu and Associates as the company's Secretarial Auditor. The appointment is for a term of five consecutive years, subject to shareholder approval at the upcoming Annual General Meeting.

Ongoing Legal Proceedings

MSTC continues to face legal proceedings with Standard Chartered Bank regarding borrowings of ₹14,361.97 crore related to a gold jewelry export transaction dispute from 2008-09. The matter remains sub-judice, with various proceedings pending before different forums, including the Bombay High Court and the Civil Court at Alipore, Kolkata.

Management Commentary

Manobendra Ghoshal, Chairman and Managing Director of MSTC Limited, stated, "Our Q1 results demonstrate MSTC's resilience and growth potential. The significant increase in our E-commerce segment revenue underscores the success of our digital initiatives. We remain committed to enhancing shareholder value while navigating ongoing legal challenges."

MSTC Limited continues to play a crucial role in the e-commerce and marketing sectors, with its performance reflecting the company's strong market position and operational efficiency. As the company moves forward, it aims to capitalize on its strengths while addressing legal matters and focusing on sustainable growth strategies.

Historical Stock Returns for MSTC

1 Day5 Days1 Month6 Months1 Year5 Years
-3.97%-7.23%-15.29%-16.30%-47.01%+202.51%

MSTC Limited Announces Conference Call to Discuss Q1FY26 Financial Results

1 min read     Updated on 07 Aug 2025, 05:35 PM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

MSTC Limited, a Government of India Enterprise, has announced a conference call with investors and analysts on August 14, 2025, at 11:30 AM IST to discuss Q1FY26 financial results. Key management participants include Chairman & Managing Director Shri Manobendra Ghoshal, Director (Commercial) Smt. Bhanu Kumar, Director (Finance) Shri Subrata Sarkar, and Company Secretary Shri Ajay Kumar Rai. The call, organized by Equirus Securities, offers various access options including universal access numbers and international toll-free numbers for USA, UK, Singapore, and Hong Kong. This announcement complies with SEBI regulations.

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

MSTC Limited , a Government of India Enterprise, has scheduled a conference call with investors and analysts to discuss its financial performance for the first quarter of the fiscal year 2026. The call is set to take place on August 14, 2025, at 11:30 AM IST.

Key Management Participation

The conference call will feature key members of MSTC's management team, including:

  • Shri Manobendra Ghoshal, Chairman & Managing Director
  • Smt. Bhanu Kumar, Director (Commercial)
  • Shri Subrata Sarkar, Director (Finance)
  • Shri Ajay Kumar Rai, Company Secretary

Conference Call Details

The event is being organized by Equirus Securities and will provide multiple access options for participants:

Universal Access Numbers

+91 22 6280 1224 / +91 22 7115 8125

International Toll-Free Numbers

Country Number
USA 1866 746 2133
UK 0808 101 1573
Singapore 800 101 2045
Hong Kong 800 964 448

Interested parties can also join the call via Diamond Pass, which offers an express join option.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MSTC Limited has formally notified the BSE Limited and the National Stock Exchange of India Limited about this upcoming conference call.

This conference call represents an opportunity for investors and analysts to gain insights into MSTC Limited's financial performance and engage directly with the company's top management. As the company prepares to discuss its Q1FY26 results, market participants will be keen to understand the company's performance and future outlook in the context of current market conditions and the company's strategic initiatives.

Investors and interested parties are encouraged to participate in the call to stay informed about MSTC Limited's financial health and business developments.

Historical Stock Returns for MSTC

1 Day5 Days1 Month6 Months1 Year5 Years
-3.97%-7.23%-15.29%-16.30%-47.01%+202.51%
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