MMTC Limited announced the approval of its Unaudited Financial Results for the third quarter and nine months ended December 31, 2025. The Board Meeting on February 12, 2026, ratified the standalone and consolidated results, which underwent a Limited Review. Key notes highlight ongoing legal matters, including a provision of ₹1088.62 crore related to the Anglo Coal case, and the final expiry of the warranty period for the NINL divestment indemnity.
MMTC Board Approves Q3 2025-26 Financials
MMTC Limited formally declared the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ending 31st December, 2025, following approval by the Board of Directors on February 12, 2026. The results, which were subjected to a Limited Review, show key figures across various segments, particularly reflecting the status of significant corporate events detailed in the notes to the statements.
Key Standalone Performance Highlights (Q3 Ended 31/12/2025)
For the quarter ended 31-Dec-25, the Standalone Total Income stood at ₹34.52 Crores, with Total Expenses recorded at ₹24.61 Crores. The Profit Before Tax (after exceptional items) for the quarter was ₹9.54 Crores, leading to a Net Profit for the Period of ₹10.11 Crores. Earnings Per Share (Basic and Diluted) for the quarter were reported at ₹0.07.
Over the nine months ended 31-Dec-25, Total Income reached ₹144.55 Crores against Total Expenses of ₹74.44 Crores. The Net Profit for the nine-month period was significantly influenced by exceptional items, resulting in a Net Profit after tax of ₹180.37 Crores.
Consolidated Financial Snapshot
The Consolidated Statement shows that for the quarter ended 31-Dec-25, Total Income was ₹34.52 Crores. The Consolidated Net Profit for the Period was higher at ₹46.27 Crores. The Nine Month Ended period reflected Total Income of ₹144.55 Crores, leading to a Consolidated Net Profit after tax of ₹261.34 Crores.
Material Items from Notes to Accounts
The announcement draws specific attention to several critical matters disclosed in the financial notes:
- Anglo Coal Case: A provision of ₹1088.62 crore remains made in the books based on a Delhi High Court order. Management estimates an additional ₹260.00 crore has accrued as interest, but expects no further outflow of funds will be required to settle this liability.
- NINL Divestment Contingency: The three-year warranty period for unforeseen liabilities related to the Neelachal Ispat Nigam Ltd. divestment, which expired on 04.07.2025, resulted in no liability accruing to MMTC. Furthermore, MMTC received its share of the escrow account maturity funds, totaling ₹411.76 crore (principal) plus ₹25.75 crore (interest), on 04.07.2025.
- MTPL, Singapore: Financial results for the wholly-owned subsidiary, MTPL, which is under liquidation following a winding up order by the Singapore High Court, were not included in the consolidated results for the quarter or nine months ending 31.12.2025.
- Deferred Tax Assets: The company has not recognized Deferred Tax Assets due to uncertainties involved, and any existing balance was derecognized in the previous quarter.
Shareholding Information (As on 31/12/2025)
The Public Shareholding percentage remained constant at 10.07% across the quarter and nine months. The Promoter and Promoter Group held 100.00% of the shares, with 89.93% being non-encumbered as a percentage of the total share capital of the company.
Segmental Performance Summary
Segment analysis for the nine months ended 31-Dec-25 shows that the segment generating the highest Profit Before Tax was Coal & Hydrocarbon, contributing significantly to the overall results alongside adjustments for interest and unallocable expenditures.
Source: BSE
