MMTC achieves record performance during 2018-19

During the year 2018-19, revenue from operations increased by 76% to ₹ 28979 crore from ₹ 16451 crore during last year. The Gross Profit from Operations for 2018-19 increased by 42% to ₹ 474 crore from ₹ 333 crore during last year. Profit after tax increased by 67% to ₹ 81.43 crore from ₹ 48.84 crore during last year on standalone basis.

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