MMTC announced the appointment of Siddharth Mahajan, IAS(RJ:2003), Joint Secretary, Department of Commerce, Ministry of Commerce and Industry as Govt. Nominee Director on the Board of MMTC with immediate effect vice Vipul Bansal, Joint Secretary (DIN:02687229), present Nominee Director on MMTC Board. Powered by Capital Market - Live News

MMTC announced the resignation of Pradip Kumar Varma having (DIN: 01074691) as an Independent director of MMTC with effect from 8 March 2024. Powered by Capital Market - Live News

Net profit of MMTC declined 42.89% to Rs 55.71 crore in the quarter ended December 2023 as against Rs 97.55 crore during the previous quarter ended December 2022. Sales declined 99.90% to Rs 0.73 crore in the quarter ended December 2023 as against Rs 763.16 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales0.73763.16 -100 OPM %-4982.19-4.44 - PBDT60.0223.08 160 PBT59.0421.77 171 NP55.7197.55 -43 Powered by Capital Market - Live News

MMTC will hold a meeting of the Board of Directors of the Company on 8 February 2024. The meeting would commence at 12.00 pm.Powered by Capital Market - Live News

Net profit of MMTC declined 96.70% to Rs 52.04 crore in the quarter ended September 2023 as against Rs 1576.71 crore during the previous quarter ended September 2022. Sales reported to Rs -210.50 crore in the quarter ended September 2023 as against Rs 545.48 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales-210.50545.48 PL OPM %14.42-6.58 - PBDT53.31436.86 -88 PBT52.48435.57 -88 NP52.041576.71 -97 Powered by Capital Market - Live News