Mstc Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 05:20 pm
13-08-2025 | 05:20 pm
MSTC has announced a board meeting where it approved the consolidated financial results for the quarter ended 30th June 2025.
Revenue from operations grew to ₹77.43 Cr, up from ₹69.04 Cr year-on-year. Total income also increased to ₹93.66 Cr from ₹86.01 Cr. Net profit after tax for the quarter was ₹42.34 Cr, compared to ₹39.26 Cr a year ago.
The board also approved the appointment of M/s. Basu and Associates as Secretarial Auditor for five years, pending shareholder approval. A significant positive update: MSTC received a refund of ₹90 Cr plus interest following a favorable Debt Recovery Appellate Tribunal order in a long-standing dispute with Standard Chartered Bank. #MSTC #QuarterlyResults
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