Comments
State-owned mining and metals firm MMTC has reported a 62.11 per cent fall in its consolidated net profit to Rs 12.48 crore for the third quarter ended December 31.
The company had registered a net profit of Rs 32.94 crore during the October-December quarter of 2018, according to a regulatory filing. Its total income during the period under review declined to Rs 8,297.62 crore, from Rs 9,451.39 crore in the year-ago period.
MMTC’s total expenses also fell to Rs 8,285.82 crore, as against Rs 9,410.31 crore, the company said in a BSE filing on Friday.
In a statement on Sunday, the company said its exports during the April-December period increased to Rs 1,384 crore as compared to Rs 687 crore in the same period previous year.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.