ALPHA TRIBE

Mstc LimitedOthers, 30-05-2025: Copy of Newspaper Publication

30-05-2025 | 01:17 pm

MSTC Limited has announced a board meeting on to review the financial results for the quarter and half-year. During FY 2024-25, the company sold its wholly owned subsidiary Ferro Scrap Nigam Limited for ₹32 Cr, leading to FSNL no longer being a subsidiary. MSTC also recognized an impairment loss of ₹10.06 Cr on its investment in MMRPL due to a decline in fair value. The company reported steady total income and profits on both standalone and consolidated levels, with consolidated earnings per share around ₹24.4, reflecting efforts to optimize its portfolio and sustain profitability.

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