MMTC (513377) Q3 24/25 earnings summary

Executive summary

• Standalone net profit for Q3 FY25 was ₹-0.56 crore, down from ₹22.90 crore in Q3 FY24; consolidated net profit was ₹3.66 crore, down from ₹55.71 crore year-over-year.

• Total standalone income for Q3 FY25 was ₹35.31 crore, compared to ₹63.33 crore in Q3 FY24; consolidated income was also ₹35.31 crore, down from ₹63.33 crore year-over-year.

• Board approved the unaudited results on 13 February 2025.

Financial highlights

• Standalone profit before tax for Q3 FY25 was ₹3.00 crore, down from ₹26.25 crore in Q3 FY24; consolidated profit before tax was ₹7.22 crore, down from ₹59.06 crore year-over-year.

• Standalone total comprehensive income for Q3 FY25 was ₹18.74 crore, compared to ₹33.65 crore in Q3 FY24; consolidated total comprehensive income was ₹22.94 crore, down from ₹66.49 crore year-over-year.

• Earnings per share (EPS) for Q3 FY25 was ₹(0.00) (standalone) and ₹0.02 (consolidated), compared to ₹0.15 and ₹0.37 respectively in Q3 FY24.

Outlook and guidance

• The company continues to manage legacy liabilities and focus on resolving contingent exposures.

• No forward-looking financial guidance was provided.