According to mmtc’s regulatory filing, net profit for the Quarter Ended March 2025 Plummeted by a staggering 96.8 percetic to just 2.23 Crore, Compared to 69.78 Crore in the same Quarter Last Year. The company also reported a 64 percent drop in revenue, which declined to 0.23 Crore from 0.64 Crore in the year -go period.
The weakness was not limited to the Quarterly performance. For the full Financial Year Ended March 2025, Mmtc Posted A 54.9 Percent Decline in Net Profit to 86.63 Crore, Down From 192.18 Crore in FY24. Annual sales also when a sharp contraction of 49.6 percent, dropping to 2.69 Crore from 5.34 Crore in the Previous Financial Year.
Stock price trend
Despite these weak fundamentals, Investor Sentiment Around the stock appeared resilient. The psu stock has jumped sharply in recent months -Rising Nearly 38 Percent in May Alone, Following A 7.7 Percent Gain in April and Nearly 6 percent 6 percent in March. This rally come after the stock remained under pressure for Six Straight Months from August 2024 to February 2025.
Currently, mmtc shares remain significantly below their 52-wheek high of 131.88, which was hit in July 2024. 42.55 Seen in April 2025, The Stock has Nearly Doubled, Reflecting a Strong Recovery in Investor Interest.
Founded in 1963 and headquartered in new delhi, mmtc limited is a diversified trading company engaged in the expense and important of a wide range of commodities. Its business spans Across Asia, Europe, Africa, The Middle East, Latin America, and North America. The company operates Across Several Verticals, Including Minerals, Precious Metals, Coal, Hydrocarbons, Fertilizers, Fertilizers, Agro Products, and General Trade. MMTC is also active in retail trading of precious metals and ovens a wind power project in Karnataka.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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