- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
MSTC delivered a robust Q1, reporting standalone Profit Before Tax (PBT) of INR 78.53 Cr, up 31.70% YoY, and Profit After Tax (PAT) of INR 58.12 Cr, up 31.14% YoY, marking its highest Q1 figures since listing. Total revenue grew 25.99% to INR 118.00 Cr, mainly from its e-commerce arm, which facilitated over INR 238.14 billion in transactions. The company has exited its legacy trading business.
Strategic initiatives include exploring Coal & Mineral exchanges and developing a TREDs platform (awaiting RBI clearance), alongside upgrading its B2B travel portal for B2C use. Recent wins include successful auctions of critical mineral blocks, a selling agency pact with RINL, selling land parcels worth INR 2259.52 Cr for Telangana, and partnering with KSEBL for the PM E-DRIVE Scheme.
Standalone EPS rose to INR 8.26, a 31.14% jump. Notably, its JV, MMRPL, returned to profitability with INR 0.20 Cr after four years of losses.