MMTC Limited reported earnings results for the first quarter ended June 30, 2025. For the first quarter, the company reported sales was INR 13.6 million compared to INR 6.5 million a year ago. Revenue was INR 715.6 million compared to INR 1,387.5 million a year ago.
Net income was INR 442.6 million compared to INR 326.9 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 0.22 a year ago. Diluted earnings per share from continuing operations was INR 0.3 compared to INR 0.22 a year ago.
MMTC Limited is an India-based trading company. The principal activities of the Company are the export of minerals and the import of precious metals, non-ferrous metals, fertilizers, agro products, coal, and hydrocarbons, among others. Its trade activities span across various countries in Asia, Europe, Africa, the Middle East, Latin America, and North America. Its segments include Minerals, Precious Metals, Metals, Agro Products, Coal & Hydrocarbon, Fertilizer and General Trade/others. The Company is engaged in trading agricultural products, such as wheat, rice cleared of the husk, corn, soybean food, edible oil, and pulses, among others. The Company is engaged in exploration, search, prospecting, development, extraction and exploitation of the mineral blocks/deposits. It sells imported non-ferrous metals, minor metals, industrial raw materials, and non-ferrous metal alloys. It imports gold, silver, platinum, palladium, rough diamonds, emeralds, rubies, and other semi-precious stones.