MMTC's Q1 FY 2025-26 Quarterly Results

Result Summary

• MMTC Ltd reported a 10.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 48.4%.
• Its expenses for the quarter were down by 26.5% QoQ and 51.0% YoY.
• The net profit decreased 36.6% QoQ and increased 35.4% YoY.
• The earnings per share (EPS) of MMTC Ltd stood at 0.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

MMTC Ltd, a prominent player in India's trading sector, primarily engages in the import and export of industrial raw materials, agricultural products, and precious metals. As one of the largest public sector trading bodies, MMTC deals in a diverse range of products including minerals, metals, coal, hydrocarbons, fertilizers, and agro products. The company is integral to India's trade infrastructure, facilitating transactions both domestically and internationally. Recent developments in the company or industry-specific changes have not been provided in the data, and thus remain unspecified.

Revenue

In Q1FY26, MMTC Ltd reported a Total Income of ₹71.56 crores. This represents a quarter-over-quarter (QoQ) increase of 10.1% from ₹64.98 crores in Q4FY25. However, on a year-over-year (YoY) basis, there was a significant drop of 48.4% compared to ₹138.75 crores in Q1FY25. This decline in annual revenue reflects substantial changes in the company’s income streams or market conditions affecting its operations. The data does not provide further details on the specific causes of these revenue changes.

Profitability

For the quarter ending Q1FY26, MMTC Ltd's Profit Before Tax was reported at ₹45.88 crores, demonstrating a 47.9% increase from ₹31.02 crores in Q4FY25. Compared to the previous year, there was an 8.6% increase from ₹42.23 crores in Q1FY25. The company’s Tax expense for Q1FY26 was ₹9.21 crores, a substantial increase of -1251.3% QoQ from a negative tax figure in Q4FY25, and a 13.3% decrease YoY from ₹10.62 crores. Consequently, the Profit After Tax for Q1FY26 was ₹44.26 crores, which marked a decline of 36.6% QoQ from ₹69.78 crores in Q4FY25, but a 35.4% increase YoY from ₹32.69 crores in Q1FY25. These figures illustrate the variability in the company's tax obligations and profitability over different periods.

Operating Metrics

MMTC Ltd’s Earnings Per Share (EPS) for Q1FY26 was ₹0.30, a decrease of 40.0% from the previous quarter’s ₹0.50, yet a 50.0% increase compared to Q1FY25’s ₹0.20. This fluctuation in EPS reflects the changes in the company’s net income and number of shares outstanding over the periods. The Total Expenses for Q1FY26 stood at ₹25.69 crores, which decreased by 26.5% from ₹34.93 crores in Q4FY25 and by 51.0% from ₹52.38 crores in Q1FY25. These reductions in expenses demonstrate a significant alteration in the company’s cost management or operational activities across both the quarterly and annual comparisons. The financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not calculated here due to the unavailability of necessary data for these computations.