MMTC exports increased by 101 pct PSU NEWS

MMTC exports increased by 101 pct

 

NEW DELHI . MMTC declared its financial results for the nine months period ended 31st December 2019. During this period, the Company has achieved Revenue from Operations of INR 20,638 crore.
 
Exports increased by 101% to INR 1,384 crore as compared to INR 687 crore during the corresponding period last year. The MMTC 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.
 
Imports increased to INR 16,680 crore as compared to INR 16,537 crore during the corresponding period last year. Other income increased to INR 23 crore as compared to INR 12 crore during the corresponding period last year.
 
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.


Posted Date :  17-02-20

Categories : PSU NEWS

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