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MSTC Ltd Q3FY24; 6% rise 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 Q3FY24 of ₹185.00 Crores up from ₹169.00 Crore year on year, a rise of 9.47%.

Total Expenses for Q3FY24 of ₹130.00 Crores up from ₹119.00 Crores year on year, a rise of 9.24%.

Consolidated Net Profit of ₹50.00 Crores up 6.38% from ₹47.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.10, up 6.29% from ₹6.68 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.

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