As India's largest trading company and a major trading entity in Asia, MMTC Limited aims to improve its position through sustainable and viable growth. The company's core objective is to be a leading international trading house in India, operating in a competitive global environment with a focus on 'bulk' as its core competency. It seeks to retain its position as the country's single largest trader for product lines including minerals, metals, and precious metals. A key part of its mission is to provide support services to the medium and small-scale sectors. However, a reduction in revenue occurred due to the discontinuation of the company's business operations as per instructions from the administrative ministry. Despite this, the company reported a net profit of Rs. 68.21 crore in 2023-24, which is attributed to interest earned from the sale of its stake in NINL.;

CEO/MD

Nitin Kumar Yadav

Founded in

1963

NSE symbol

MMTC

Shareholding pattern

Sep '25

Dec '25

Mar '26

Jun '26

Sep '26

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The Times of India • 7 days ago

MMTC and State Trading Corporation of India may lose their gold import tax advantage as the GST Council considers imposing 3% GST on precious metal imports. The proposal aims to ensure equal tax treatment across banks, nominated agencies, and exchanges while reducing litigation-causing disputes, with discussions slated for the October 8 meeting.

BSE • 2 months ago

MMTC Ltd clarified no significant events affecting stock prices/volume. Company confirms compliance with SEBI Regulation 30 reporting requirements.

NDTV Profit • 2 months ago

MMTC shares rose 8% on Aug. 20, 2026, amid rising gold and silver prices. The stock briefly touched Rs 67.50 on the BSE with heavy trading volumes.

Livesquawk • 2 months ago

MMTC reports Q1 consolidated net profit of 1.0B INR, up from 443M YoY.

BSE • 2 months ago

MMTC Ltd faces audit qualification for under-provisioning Rs.82.82 crore liability in Anglo Coal case. Management disagrees, citing accrued interest offset; liability disclosed as contingent, not provisioned.

ScoutQuest • 2 months ago

MMTC Ltd board approved Q1 FY27 results; Rs 1088.6 crore Anglo Coal case settlement ongoing. Auditors flagged Rs 82.8 crore provision non-recognition; Rs 40 crore loan to CPF Trust for VRS repayment.

ScoutQuest • 2 months ago

MMTC Ltd appoints Shri Kundan Kumar Mishra as Director Finance for 5 years. He brings 28 years of experience, including roles at NTPC and subsidiaries.

Livesquawk • 4 months ago

MMTC is among three agencies authorized to import gold into India. India's gold import framework is being narrowed to three agencies.

ScoutQuest • 4 months ago

MMTC Ltd submitted its audit qualification impact statement for FY ending March 2026. The statement covers standalone and consolidated results, adhering to SEBI disclosure norms.

marketsmojo.com • 4 months ago

MMTC Ltd surged 8.2%, reaching an intraday high of Rs 76.6. Sensex advanced 0.43% on 16 Jun 2026, but MMTC outperformed.

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