Share price for MMTC Ltd. fell nearly 10% to break its three-day rally. The company posted a 96.8% decline in net profit in the fourth quarter of fiscal 2025.
The profit plunged to Rs 2.23 crore from Rs 69.78 crore a year earlier. Revenue also collapsed, falling 64% to Rs 23 lakh, compared to Rs 64 lakh in the same quarter last year.
The company's full-year performance paints a similarly grim picture with the net profit for financial year 2025 declining 54.9% to Rs 86.63 crore, and annual revenue dropping 49.6% to Rs 2.69 crore.
MMTC Share Price Today
The share price of MMTC fell as much as 9.88% to Rs 77.30 apiece, the lowest level since May 29. It pared losses to trade 9.20% lower at Rs 77.88 apiece, as of 11:20 a.m. This compares to a 0.44 % decline in the NSE Nifty 50 Index.
The stock has risen 7.36% on a year-to-date basis, and 10.81% in the last 12 months. Total traded volume so far in the day stood at 2.6 times its 30-day average. The relative strength index was at 88.69.
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