MMTC
57.53
+0.31(+0.54%)
Market Cap₹8,629.50 Cr
PE Ratio39.01
Company Performance:
1D+0.54%
1M-4.40%
6M-16.91%
1Y-20.96%
5Y+149.59%
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More news about MMTC
02Jun 25
MMTC Ltd: Q4 Profit Plummets 96.8%, Share Price Drops 10%
MMTC Ltd experienced a significant downturn in its Q4 financial performance. Net profit fell by 96.8% to Rs 2.23 crore, while revenue declined by 64% to Rs 23.00 lakh. The company's annual profit also decreased by 54.9% to Rs 86.63 crore. In response to these results, MMTC's share price dropped nearly 10% to Rs 77.30, ending a three-day rally.
30May 25
MMTC Ltd Shares Surge 54% in May Despite Weak Q4 Performance
MMTC Ltd, a state-owned trading company, experienced a 9% stock surge in morning trade, continuing a 54.33% gain in May, despite reporting a 96.85% year-on-year decline in Q4 net profit to ₹2.20 crore. Revenue dropped 53.71% to ₹48.10 crore. However, EBITDA improved by 134.09% to ₹20.60 crore, and other income increased by 21.63% to ₹47.80 crore. The contrast between weak financials and strong stock performance has puzzled market participants.
MMTC
57.53
+0.31
(+0.54%)
1 Year Returns:-20.96%
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