The company's net income from operations during the quarter under review stood at Rs 1,405.97 crore, much lower than Rs 4,896.36 crore in the corresponding period last year.
However, its total expenses also reduced to Rs 1,434.51 crore as compared to Rs 4,931 crore a year ago, according to a regulatory filing.
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MMTC's scrip was down 0.45 per cent at Rs 54.70 at the day's close on the BSE.
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