MSTC Limited’s Board of Directors, following their meeting on February 11, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. Key to the announcement was the declaration of an Interim Dividend of 76%, translating to ₹7.60 per equity share, payable within 30 days. The Board also set February 18, 2026, as the record date for the dividend distribution.
MSTC Announces Q3 FY26 Financial Outcomes
MSTC Limited has disclosed the outcome of its Board Meeting held on February 11, 2026. The Board formally approved the Unaudited Financial Results, accompanied by the Limited Review Report from the Statutory Auditors, for both the quarter (Q3) and the cumulative nine months ending December 31, 2025.
Interim Dividend Declaration
A significant resolution passed was the declaration of an Interim Dividend at 76.00% on the face value of ₹10.00 per equity share. This amounts to ₹7.60 per equity share for the financial year 2025-26. The company confirmed that this dividend will be processed and credited to eligible shareholders within 30 days of the declaration date.
To finalize eligibility for this payment, the Board established February 18, 2026, as the official Record Date.
Key Standalone Financial Highlights (Nine Months Ended Dec 31, 2025)
Reviewing the standalone performance for the nine months ending December 31, 2025, against the previous corresponding period (Dec 31, 2024):
- Total Income stood at ₹30,266.80 Lakhs, up from ₹27,547.33 Lakhs in the prior year period.
- Profit Before Tax (PBT) for the nine months reached ₹19,228.76 Lakhs.
- Net Profit After Tax (PAT) for the nine-month period was ₹14,588.55 Lakhs.
- Earnings Per Share (EPS) (Basic) for the period was ₹20.72.
Consolidated Performance Overview
On a consolidated basis, including the share of the Joint Venture (Mahindra MSTC Recycling Private Limited), the figures showed strong growth:
- Consolidated Total Income (Nine Months) matched the standalone figure at ₹30,266.80 Lakhs.
- Consolidated Profit Before Tax for the nine months ending December 31, 2025, was reported at ₹18,761.16 Lakhs.
- Consolidated Net Profit After Tax for the nine-month period was ₹14,120.95 Lakhs.
Auditor’s Emphasis of Matter
The Statutory Auditors highlighted several key areas in their review report:
- An increase in Employee Benefit Expenses by ₹238.17 Lakhs due to the statutory enhancement of the Gratuity limit from ₹20 Lakhs to ₹25 Lakhs, triggered by the Dearness Allowance exceeding 50% of Basic Pay.
- No provision has been accounted for the recently notified new Labour Codes, as the management is currently evaluating their financial impact (effective November 21, 2025).
- Management’s outlook regarding the ongoing status of borrowings from Standard Chartered Bank was noted.
The meeting of the Board of Directors commenced at 14:00 hrs (IST) and concluded at 18:15 hrs (IST) on the date of the announcement.
Source: BSE
