MMTC (513377) Q2 24/25 earnings summary

Executive summary

• Standalone net profit after tax for H1 FY25 was ₹69.77 crore, up from ₹13.49 crore in H1 FY24, with total comprehensive income at ₹83.59 crore for the half year.

• Consolidated net profit after tax for H1 FY25 was ₹80.74 crore, with total comprehensive income at ₹94.60 crore.

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2024.

Financial highlights

• Standalone total income for H1 FY25 was ₹183.33 crore, compared to ₹204.34 crore in H1 FY24.

• Standalone profit before tax for H1 FY25 was ₹81.63 crore, up from ₹18.76 crore in H1 FY24.

• Consolidated total income for H1 FY25 was ₹183.33 crore, with profit before tax at ₹92.60 crore.

• Earnings per share (EPS) for H1 FY25 stood at ₹0.47 (standalone) and ₹0.54 (consolidated), compared to ₹0.09 and ₹0.44 respectively in H1 FY24.

Outlook and guidance

• Results reviewed and approved by the Audit Committee and Board on 7 November 2024.

• Statutory auditors issued a limited review report with no material misstatements identified.