{"id":159206,"date":"2024-02-26T07:10:02","date_gmt":"2024-02-26T12:10:02","guid":{"rendered":"https:\/\/44.250.171.167\/?p=159206"},"modified":"2024-02-26T07:10:04","modified_gmt":"2024-02-26T12:10:04","slug":"mmtc-ltd-q3fy24-43-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mmtc-ltd-q3fy24-43-fall-in-profits\/","title":{"rendered":"MMTC Ltd Q3FY24; 43% fall in Profits"},"content":{"rendered":"\n<p>MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce &amp; Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers &amp; chemicals and coal &amp; hydrocarbons.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>MMTC Ltd reported Revenues for Q3FY24 of \u20b91.00 Crores down from \u20b9763.00 Crore year on year, a fall of 99.87%.<\/p>\n\n\n\n<p>Total Expenses for Q3FY24 of \u20b937.00 Crores down from \u20b9791.00 Crores year on year, a fall of 95.32%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b956.00 Crores down 42.86% from \u20b998.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.37, down 43.08% from \u20b90.65 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211-839x1024.png\" alt=\"\" class=\"wp-image-159207\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce &amp; Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":159207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9931,105,392],"tags":[11649,12079,8177],"class_list":["post-159206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agricultural-products","category-infographics","category-earnings","tag-agro-products","tag-exports","tag-metals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-211.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148097,"url":"https:\/\/alphastreet.com\/india\/mmtc-limited-q4fy23-earnings-story\/","url_meta":{"origin":159206,"position":0},"title":"MMTC Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1314352654.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1314352654.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1314352654.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":162193,"url":"https:\/\/alphastreet.com\/india\/mmtc-ltd-q4fy24-600-rise-in-profits\/","url_meta":{"origin":159206,"position":1},"title":"MMTC Ltd Q4FY24; 600% rise in Profits","author":"Chirag Gupta","date":"June 17, 2024","format":false,"excerpt":"MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-132.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171036,"url":"https:\/\/alphastreet.com\/india\/mmtc-q1-fy26-earnings-results\/","url_meta":{"origin":159206,"position":2},"title":"MMTC Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 8, 2025","format":false,"excerpt":"MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"MMTC Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/5-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142408,"url":"https:\/\/alphastreet.com\/india\/mmtc-limited-q3fy23-earnings-story\/","url_meta":{"origin":159206,"position":3},"title":"MMTC Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"In order to promote international commerce in India and organise the export and import of necessary minerals and metals, the MMTC, a public sector company, was established in 1963. It trades in minerals, metals, precious metals, agricultural goods, fertilisers & chemicals, coal & hydrocarbons, and is governed by the Ministry\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/mining-excavator-g401b65594_1280-1-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/mining-excavator-g401b65594_1280-1-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/mining-excavator-g401b65594_1280-1-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/mining-excavator-g401b65594_1280-1-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":158576,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q3fy24-77-fall-in-profits\/","url_meta":{"origin":159206,"position":4},"title":"Sarthak Metals Ltd Q3FY24; 19% fall in Revenues","author":"Divyansh_Kasana","date":"February 9, 2024","format":false,"excerpt":"Sarthak Metals Ltd was incorporated in 1995 and is a part of the DB group. The co. is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide application in various steel-making processes like Steel plants, Fabrication units and foundries. Financial Results: Sarthak\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/78ef11fd-8faf-4b57-91e9-8d08dfebf635-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159607,"url":"https:\/\/alphastreet.com\/india\/ratnamani-metals-1-fall-in-profits\/","url_meta":{"origin":159206,"position":5},"title":"Ratnamani Metals &#038; Tubes Ltd Q3FY24; 1% fall in Profits","author":"Chirag Gupta","date":"March 7, 2024","format":false,"excerpt":"Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India. Financial Results: Ratnamani Metals & Tubes Ltd reported Revenues for Q3FY24 of \u20b91,257.00 Crores up from \u20b91,099.00 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-70.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/159206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=159206"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/159206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/159207"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=159206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=159206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=159206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}