Mstc Limited — Others, 11-02-2025: Copy of Newspaper Publication

MSTC Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December 2024. Total income for the period reached ₹9,620.20 crore, with a net profit before tax of ₹6,185.15 crore. The company declared a 32% interim dividend, amounting to ₹32.00 per equity share. Notably, MSTC has divested its entire shareholding in FSNL, which is no longer a subsidiary, reflecting a strategic shift in its portfolio. This update may bolster investor sentiment due to strong profitability and proactive management decisions, despite the lack of Independent Directors on the board affecting governance.