Categories AlphaGraphs, Earnings, Industrials

MSTC Ltd Q1FY24; 6% fall in Profits

MSTC (Metal Scrap Trade Corporation) Ltd undertakes trading activities, e-commerce and also disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products, etc. The company is owned and controlled by the Government of India.

Financial Results:

MSTC Ltd reported Revenues for Q1FY24 of ₹179.00 Crores down from ₹181.00 Crore year on year, a fall of 1.1%.

Total Expenses for Q1FY24 of ₹119.00 Crores up from ₹114.00 Crores year on year, a rise of 4.39%.

Consolidated Net Profit of ₹51.00 Crores down 5.56% from ₹54.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.19, down 6.74% from ₹7.71 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top