Mstc Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

MSTC Limited has announced a board meeting outcome, approving the audited consolidated financial results for the quarter and year ended March 31, 2025. The company posted consolidated revenue of ₹387.50 Cr and a robust profit after tax of ₹402.98 Cr, boosted by a one-time gain of ₹301.69 Cr from selling its subsidiary Ferro Scrap Nigam Limited. It recorded an impairment loss of ₹10.06 Cr on its investment in Mahindra MSTC Recycling Pvt Ltd. The board appointed two independent directors and added a corporate office in New Delhi. No final dividend was declared.