MSTC Limited Reports Strong Q3FY26 Results with 76% Interim Dividend Declaration
MSTC Limited reported strong Q3FY26 results with net profit of ₹5,241.34 lakhs and revenue from operations of ₹8,842.72 lakhs. The company declared interim dividend of 76% (₹7.60 per share) with record date February 18, 2026. Nine-month performance showed revenue growth to ₹25,085.94 lakhs with net profit of ₹14,588.55 lakhs, reflecting robust performance across Marketing and E-Commerce segments.
*this image is generated using AI for illustrative purposes only.
MSTC Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance across its business segments. The Government of India enterprise reported robust financial metrics and declared a significant interim dividend for shareholders.
Financial Performance Highlights
The company delivered solid results for Q3FY26, with comprehensive financial metrics showing year-over-year growth in key areas:
| Metric | Q3FY26 | Q3FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Revenue from Operations | ₹8,842.72 lakhs | ₹8,114.38 lakhs | ₹25,085.94 lakhs | ₹22,210.72 lakhs |
| Total Income | ₹10,670.61 lakhs | ₹9,620.20 lakhs | ₹30,266.80 lakhs | ₹27,547.33 lakhs |
| Net Profit | ₹5,241.34 lakhs | ₹25,242.89 lakhs | ₹14,588.55 lakhs | ₹33,591.00 lakhs |
| Earnings Per Share | ₹7.45 | ₹35.86 | ₹20.72 | ₹47.71 |
Revenue from operations increased to ₹8,842.72 lakhs in Q3FY26 compared to ₹8,114.38 lakhs in the corresponding quarter of the previous year. For the nine-month period, revenue grew significantly to ₹25,085.94 lakhs from ₹22,210.72 lakhs in the previous year.
Segment-wise Performance
MSTC Limited operates through two primary business segments - Marketing and E-Commerce, both showing positive contributions:
| Segment | Q3FY26 Revenue | Nine Months FY26 Revenue |
|---|---|---|
| Marketing | ₹1,365.72 lakhs | ₹2,239.60 lakhs |
| E-Commerce | ₹9,287.02 lakhs | ₹27,999.06 lakhs |
| Others | ₹17.87 lakhs | ₹28.14 lakhs |
The E-Commerce segment remained the primary revenue driver, contributing ₹9,287.02 lakhs in Q3FY26 and ₹27,999.06 lakhs for the nine-month period. The Marketing segment showed substantial growth with revenue of ₹1,365.72 lakhs in the quarter.
Dividend Declaration and Corporate Actions
The Board of Directors declared an interim dividend of 76% on equity shares, translating to ₹7.60 per equity share of face value ₹10.00 each for FY2025-26. Key dividend details include:
| Parameter | Details |
|---|---|
| Dividend Rate | 76% (₹7.60 per share) |
| Record Date | February 18, 2026 |
| Payment Timeline | Within 30 days of declaration |
| Face Value | ₹10.00 per share |
The dividend will be credited to shareholders' accounts or dividend warrants dispatched within 30 days from the declaration date.
Operational Expenses and Key Developments
Employee benefit expenses increased to ₹2,656.97 lakhs in Q3FY26, including ₹238.17 lakhs related to enhancement in gratuity limit from ₹20.00 lakhs to ₹25.00 lakhs due to DA increase above 50% of basic pay. Total expenses for the quarter stood at ₹4,020.89 lakhs compared to ₹3,435.05 lakhs in the previous year.
The company noted that evaluation of financial impact from newly notified Labour Codes effective November 21, 2025 is in progress, with no provision made in the current financial results pending detailed assessment.
Legal and Regulatory Updates
MSTC Limited continues to address the ongoing legal matter with Standard Chartered Bank involving ₹14,361.97 lakhs related to export bill transactions from 2008-09. The Debt Recovery Appellate Tribunal set aside the interim order, leading to refund of ₹9,000.00 lakhs pre-deposit amount along with ₹534.03 lakhs interest. The matter remains sub-judice with proceedings pending before various forums.
Historical Stock Returns for MSTC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.16% | +9.56% | +3.92% | +6.81% | -10.45% | +46.19% |
