The state-run mining and metal firm had reported a net profit of Rs 20.88 crore in the year-ago period.
Total income for the January-March period stood at Rs 2,545.37 crore, higher than the Rs 1,994.68 crore in the corresponding period of last year.
Total expenses during the quarter also shot up to Rs 2,575.4 crore, against Rs 2,006.75 crore a year ago.
The company did not provide the quarterly results on a consolidated basis. However, for the year-ended March 31, the Group's net loss narrowed to Rs 29.76 crore, against Rs 96.68 crore in the previous financial year.
MMTC's scrip ended at Rs 59.15, up 0.51 per cent from its previous close on the Bombay Stock Exchange.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%