MMTC Limited to Review Q2 Results After ₹93.73 Crore Profit

MMTC Limited will consider its unaudited Q2 FY27 results for the quarter ended 30 September 2026 on 10 November, following a reported standalone profit after tax of ₹93.73 crore and total income of ₹146.12 crore for the June 2026 quarter. The disclosure matters because the June profit was supported predominantly by other income rather than sales turnover.

When will MMTC Limited review its Q2 FY27 results?

MMTC Limited has scheduled its 492nd board meeting for 10 November 2026 at 12:30 hours to consider and approve unaudited standalone and consolidated financial results for Q2 FY27 and the half year ended 30 September 2026. The company notified stock exchanges of the meeting on 2 November 2026.

The board agenda covers two reporting sets for the same period: standalone results of MMTC and consolidated results of the group. The eventual exchange disclosures will provide the company’s reported financial position for the September quarter under the periodic disclosure framework.

MMTC has also closed its trading window for insider transactions before the September-quarter results. The restriction is to remain in force until 48 hours after the results disclosure, according to the information provided.

The company is a Government of India enterprise incorporated in 1963 under the Ministry of Commerce & Industry. Its reported operations include its joint venture, MMTC-PAMP India, in precious-metals refining and retail.

What did MMTC report in the June 2026 quarter?

MMTC reported standalone total income of ₹146.12 crore for the June 2026 quarter, compared with ₹36.03 crore in March 2026 and ₹71.56 crore in June 2025. Other income accounted for ₹145.44 crore of the June-quarter total, while net sales turnover was ₹0.68 crore.

The company recorded a reported PAT of ₹93.73 crore in June 2026. The quarterly statement also showed profit and loss for the year of ₹93.68 crore, alongside no extraordinary items, prior-year adjustment or other adjustment. The small difference between the two displayed profit measures is retained as presented in the source data.

The June-quarter result followed reported PAT of ₹31.69 crore in March 2026, ₹10.11 crore in December 2025, ₹133.59 crore in September 2025 and ₹36.67 crore in June 2025. A separate summary of the June quarter cited net profit of ₹104 crore and earnings per share of ₹0.69, while the detailed standalone table showed reported PAT of ₹93.73 crore. Investors should distinguish between the reported standalone table and summaries that may use a different reporting basis.

Why was the June-quarter profit not driven by sales?

MMTC’s June-quarter numbers show that other income, rather than net sales turnover, was the main contributor to total income and reported profit. Other income of ₹145.44 crore represented nearly all of the ₹146.12 crore total income, whereas net sales turnover was below ₹1 crore.

The operating-profit line remained negative at ₹20.19 crore in the June quarter. This compared with negative operating profit of ₹113.50 crore in March 2026 and ₹23.10 crore in June 2025. The data therefore separates the company’s operating performance from its reported profit after accounting for other income and subsequent items.

June-quarter EBITDA was ₹125.25 crore, versus negative ₹78.08 crore in the preceding quarter. EBIT was ₹124.55 crore and EBT was ₹124.50 crore. Taxes were ₹30.82 crore, resulting in profit and loss for the year of ₹93.68 crore in the detailed statement.

What financial background should investors consider?

MMTC’s recent quarterly record has shown very low sales turnover alongside negative operating profit. Net sales turnover was ₹1.10 crore in September 2025, ₹0.34 crore in December 2025, ₹0.61 crore in March 2026 and ₹0.68 crore in June 2026. Operating profit was negative in each of these reported quarters.

The supplied financial summary also stated that the company recorded negative operating cash flow of ₹363 crore in FY25. Investing activities generated ₹278 crore in that year, while financing outflows were ₹5 crore. These figures provide context for assessing earnings alongside cash-flow trends.

On the balance-sheet side, the available summary reported equity of ₹150 crore and reserves of ₹1,971 crore as of March 2026, compared with reserves of ₹1,773 crore in the prior year. MMTC’s September-quarter filing will offer the next reported point for evaluating its financial position after the June quarter.

How could the September-quarter disclosure matter to investors?

The Q2 FY27 announcement will allow investors to compare the September-quarter income mix with the June quarter, particularly the contribution from sales turnover, other income, expenses and tax. It will also include half-year results, giving a reported view of the first six months of FY27.

For shareholders, the key issue is not only whether MMTC reports a profit but also the composition of that profit. The June data showed a reported PAT of ₹93.73 crore despite a negative operating-profit figure of ₹20.19 crore, making the treatment and level of other income a relevant line item in the forthcoming disclosure.

The results will also be relevant to readers tracking the company’s cash-flow position, reserves and group-level performance. The board is expected to consider both standalone and consolidated accounts, so the two sets of results may present different figures depending on the scope of entities included.

Conclusion

MMTC’s scheduled 10 November board meeting is the next formal reporting event after a June quarter in which total income rose to ₹146.12 crore and reported standalone PAT reached ₹93.73 crore. The reported figures show that other income of ₹145.44 crore was the principal component of total income, while operating profit remained negative.

Investors should watch the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, once approved by the board. The disclosed results should clarify changes in sales turnover, other income, operating expenses, profit and the company’s financial position relative to the June-quarter numbers.