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MMTC achieves record performance during 2018-19

-Ministry of Commerce & Industry

During the year 2018-19, revenue from operations increased by 76% to Rs 28979 crore from Rs 16451 crore during last year.

The Gross Profit from Operations for 2018-19 increased by 42% to Rs 474 crore from Rs 333 crore during last year. Profit after tax increased by 67% to Rs.81.43 crore from Rs.48.84 crore during last year on standalone basis.

The company has reported consolidated Profit after Tax of Rs 108.72 crore as against Rs 37.52 crore during last year. MMTC has further recommended dividend @30% on paid up equity shares capital for the year 2018-19.

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