MSTC Ltd's Q4FY25 Quarter Results
- 30 May 2025
Result Summary
- MSTC Ltd reported a 259.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 48.9%.
- Its expenses for the quarter were up by 592.8% QoQ and 97.8% YoY.
- The net profit decreased 80.7% QoQ and decreased 37.0% YoY.
- The earnings per share (EPS) of MSTC Ltd stood at 6.9 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 345.96 | 96.20 | 232.37 | 259.6% | 48.9% |
Total Expenses | 237.97 | 34.35 | 120.28 | 592.8% | 97.8% |
Profit Before Tax | 107.99 | 337.33 | 112.09 | -68.0% | -3.7% |
Tax | 58.36 | 84.90 | 34.13 | -31.3% | 71.0% |
Profit After Tax | 48.45 | 250.85 | 76.95 | -80.7% | -37.0% |
Earnings Per Share | 6.90 | 35.60 | 10.90 | -80.6% | -36.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
MSTC Ltd is a central public sector enterprise under the Ministry of Steel, Government of India. The company is engaged primarily in providing e-commerce services, trading activities, and recycling. MSTC operates in three major business segments: e-commerce, trading, and scrap recovery and allied job services. The e-commerce segment involves the provision of online platforms for various companies and government bodies to conduct auctions and tenders. The trading segment encompasses the import and export of bulk raw materials such as coal, coke, and petroleum products. The scrap recovery segment focuses on the recycling of ferrous and non-ferrous scrap for sustainable resource management. As of the latest data, no major recent developments have been documented for MSTC Ltd.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), MSTC Ltd reported a total income of ₹345.96 crores. This represents a significant quarter-over-quarter (QoQ) increase of 259.6% compared to the previous quarter (Q3FY25), where the total income was ₹96.20 crores. Year-over-year (YoY), the total income increased by 48.9% compared to ₹232.37 crores reported in the same quarter of the previous year (Q4FY24). The substantial QoQ increase may be attributed to seasonal fluctuations or other operational factors. However, the YoY increase suggests an overall growth trend in revenue generation capabilities.
Profitability
Profitability metrics for MSTC Ltd in Q4FY25 show a nuanced picture. The company recorded a profit before tax of ₹107.99 crores, which is a decline of 68.0% QoQ from ₹337.33 crores in Q3FY25 and a slight decrease of 3.7% YoY from ₹112.09 crores in Q4FY24. The tax expenses stood at ₹58.36 crores, down 31.3% QoQ from ₹84.90 crores in the previous quarter, but up 71.0% YoY compared to ₹34.13 crores in Q4FY24. Consequently, the profit after tax for Q4FY25 was ₹48.45 crores, marking a decrease of 80.7% QoQ from ₹250.85 crores and a decline of 37.0% YoY from ₹76.95 crores. Earnings per share (EPS) also decreased to ₹6.90 in Q4FY25 from ₹35.60 in Q3FY25 and ₹10.90 in Q4FY24, reflecting similar trends as profit after tax.
Operating Metrics
The operating metrics for MSTC Ltd reveal significant changes in total expenses and profitability measures. Total expenses in Q4FY25 were ₹237.97 crores, showing a dramatic QoQ increase of 592.8% from ₹34.35 crores in Q3FY25 and a YoY increase of 97.8% from ₹120.28 crores in Q4FY24. This indicates a substantial rise in operational costs, which may have influenced the overall profitability. The earnings per share (EPS) in Q4FY25 also saw a decrease to ₹6.90 from ₹35.60 in Q3FY25 and ₹10.90 in Q4FY24, consistent with the lower profit after tax figures. These operating metrics suggest that while revenue has increased, the cost structure and tax expenses have impacted the bottom line in this quarter.