MSTC Ltd: Q4 Revenue Up, Profit Down 70% Amid Subsidiary Sale May 29, 2025
MSTC Ltd announced its Q4 financial results, showing a 9.9% increase in revenue to ₹89.00 crore and an 11.7% rise in EBITDA to ₹54.60 crore. However, net profit fell by 70% to ₹75.50 crore. The company sold its subsidiary FSNL for ₹320.00 crore, resulting in exceptional income. MSTC's e-commerce segment performed well, with annual transactions reaching ₹89,823.00 crore.
MSTC Faces ₹178.40 Crore Tax Demand from Income Tax Department Apr 16, 2025
MSTC Ltd Declares ₹4.50 Third Interim Dividend for FY 2024-25 Amid Impressive Q3 Performance Mar 26, 2025
MSTC Secures Two-Year E-Auction Services Contract from Coal India Mar 21, 2025
MSTC Secures Two-Year E-Auction Contract from Coal India Limited Mar 10, 2025
More news about MSTC
05Mar 25
MSTC Secures Two-Year E-Services Contract with Telangana Government
MSTC Limited has won a significant contract with the Government of Telangana. All Telangana government offices are mandated to use MSTC's e-auction and e-procurement services for two years. The contract, announced on March 5, 2025, is expected to boost MSTC's revenue, strengthen its market presence in the southern region, and potentially lead to operational scaling. While financial details were not disclosed, this development represents a significant vote of confidence in MSTC's e-service capabilities.
28Feb 25
MSTC Faces ₹105.55 Crore Tax Demand from Income Tax Department
MSTC Limited has received a tax demand of ₹105.55 crore from the Income Tax Department for the Assessment Year 2019-20. The demand includes ₹63.10 crore in principal and ₹42.45 crore in interest. MSTC plans to appeal to the Commissioner of Income Tax (Appeals) in Kolkata. The company states that this demand has no material impact on its financial operations or activities.