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MSTC Ltd Q4FY24; 38% 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 Q4FY24 of ₹199.00 Crores up from ₹197.00 Crore year on year, a rise of 1.02%.

Total Expenses for Q4FY24 of ₹238.00 Crores up from ₹122.00 Crores year on year, a rise of 95.08%.

Consolidated Net Profit of ₹48.00 Crores down 37.66% from ₹77.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.88, down 37.05% from ₹10.93 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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