MMTC Share Price Jumps 19% Despite Weak Q4 FY25 Results

MMTC shares, a state-run trading firm, surged by nearly 20% in intra-day trade on Thursday, May 29, defying a sharp downturn in the company’s quarterly financial results. The stock hit ₹83.30 on the NSE, marking a 19.99% gain during the session.

MMTC Shares Defy Earnings Slump

The rally came even as MMTC posted a significant drop in both profit and revenue for the March 2025 quarter. The company’s net profit plunged by 96.8% year-on-year to ₹2.23 crore, down from ₹69.78 crore in the same period last year. Revenue also dropped 64%, falling to ₹0.23 crore from ₹0.64 crore.

Annual Performance Also Disappoints

MMTC’s annual performance mirrored the quarterly weakness. For the full year ending March 2025, net profit declined 54.9% to ₹86.63 crore compared to ₹192.18 crore in FY24.

Annual revenue contracted sharply as well, down by 49.6% to ₹2.69 crore from ₹5.34 crore the previous year.

About MMTC Limited

Established in 1963 and based in New Delhi, MMTC Limited is a government-owned trading firm involved in both import and export activities across various sectors. Its operations span Asia, Europe, Africa, Latin America, North America, and the Middle East.

The company’s key verticals include minerals, precious metals, coal, hydrocarbons, fertilizers, agro products, and general merchandise. It also engages in the retail trading of gold and silver and operates a wind energy project in Karnataka.

MMTC Share Price Performance

On May 29, 2025, MMTC share price opened at ₹70.70, up from the previous close of ₹69.42. By the end of the trading session, the stock was trading at ₹83.30 on the NSE.

The company’s 52-week high of ₹83.30 was previously recorded on July 26, 2024, while its 52-week low of ₹44.50 was seen on April 7, 2025.

Conclusion

Despite posting steep declines in both quarterly and annual earnings, MMTC shares rallied sharply, possibly driven by technical factors, short-covering, or investor interest in undervalued PSUs. However, the weak financials signal that the stock's future performance may remain uncertain unless operational improvements are made.

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