State-run trading firm MMTC's net profit plunged to Rs 10.45 crore for the second quarter ended September as against Rs 44.6 crore in the year-ago period.
The company's net income from operations during the quarter under review stood at Rs 1,405.97 crore, much lower than Rs 4,896.36 crore in the corresponding period last year.
However, its total expenses also reduced to Rs 1,434.51 crore as compared to Rs 4,931 crore a year ago, according to a regulatory filing.
The company did not provide the consolidated results on a quarterly basis for the September-end quarter.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
