Monday, March 4, 2024
Monday, March 4, 2024
HomeSportMMTC Q3 results: Profit declines 42.89% to Rs 55.71 crore, sales decline...

MMTC Q3 results: Profit declines 42.89% to Rs 55.71 crore, sales decline 99.9% YoY


MMTC Third Quarter Results: MMTC Limited announced October-December quarter results for fiscal year 2023-24 (Q3FY24), reported a net loss of 42.89 percent at Rs 55.71 crore vs. $97.55 crore during the previous quarter ended December 2022.

Sales decreased by 99.90 percent until $0.73 crore in the quarter ended December 2023 compared to $763.16 crore during the same quarter of the previous year, the company said in a regulatory filing.

Total revenue also decreased to $63.33 crore in Q3FY24 as compared to $788.09 crore in the same period of the previous quarter.

MMTC stock price is down -4.97% today, February 8, 2024. The stock closed at 94.93 per share.

More to follow soon

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