MMTC has recorded a net profit of Rs 206.15 crore in 2007-08, a 63 per cent increase over the previous year, even as turnover rose to Rs 26,276 crore in the year under review. | |
| The enhanced profit, the highest since the company's inception in 1963, comes on the back of strong export growth and an increase in domestic trade. |
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| The board of directors, which met here today, also approved a proposal for setting up a JV company with Tata Steel for exploration and development of mines for ferrous and non-ferrous ores, precious metals and diamonds via PPP route. |
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