Mstc Limited — Results, 10-02-2025: Integrated Filing- Financial

MSTC Limited has announced a board meeting, culminating in the approval of unaudited financial results for the quarter and nine months ended December 31, 2024. Total income was reported at ₹9,620.20 cr, with a net profit of ₹25,242.89 cr. The board also declared a second interim dividend of ₹32 per equity share for FY 2024-25, with February 14, 2025, set as the record date for eligibility.

This announcement reflects strong financial performance despite recent challenges, notably the transition from its subsidiary Ferro Scrap Nigam Limited. The dividend decision may enhance shareholder sentiment, implying robust profitability and management confidence in future earnings. However, ongoing legal proceedings regarding borrowings from Standard Chartered Bank pose a potential risk. Overall, the results suggest a positive outlook for MSTC as it navigates these challenges.