State-owned MMTC Ltd Monday posted almost three-fold rise in standalone profit to Rs 31.68 crore for the quarter ended September 30, on the back of higher income.
The company had posted a profit of Rs 11.6 crore in the year-ago period, MMTC said in a BSE filing.
The standalone income during July-September quarter increased to Rs 7,424.2 crore, over Rs 3,671 crore a year ago, the filing said.
The total expenses of the company during the second quarter also increased to Rs 7,374.9 crore as against Rs 3,656.1 crore in the previous fiscal.
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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