State-run MMTC reported a 36.41 per cent dip in its net profit at Rs 24.91 crore for the third quarter ended December 31, 2008.
The public sector trading major had a net profit of Rs 39.17 crore in the third quarter of FY’08, MMTC said in a filing to the Bombay Stock Exchange.
The total income nearly doubled to Rs 9,763.57 crore for the quarter under review, from Rs 4,884.86 crore in the same period a year-ago.
For the first nine months of this fiscal, MMTC reported a 8.59 per cent growth in its net profit at Rs 125.45 crore. It had a net profit of Rs 115.53 crore in the same period last year.
Total income during the nine-month period rose 89.71 per cent to Rs 32,030.45 crore. Shares of MMTC were trading at Rs 16,825, up 0.36 per cent in the late afternoon trade on the BSE.
