The Board of Directors of MSTC Limited met on February 11, 2026, and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. The Board also declared an Interim Dividend of 76% (₹7.60 per share) for FY 2025-26, setting February 18, 2026, as the record date. Financial highlights show a significant one-time exceptional income of ₹27,548.00 Lakhs impacting pre-tax profit.
MSTC Announces Quarterly and Nine-Month Results
MSTC Limited announced the outcome of its Board meeting held on February 11, 2026. The Board reviewed and approved the Unaudited Financial Results, along with the Limited Review Report from the Statutory Auditors, for the quarter and nine months ended December 31, 2025.
Key Financial Performance Snapshot (Standalone)
The financial tables reveal a notable presence of Exceptional Items:
- For the quarter ended December 31, 2025, Profit Before Tax (PBT) stood at ₹6,649.72 Lakhs, heavily influenced by Exceptional Income of ₹27,548.00 Lakhs.
- Net Profit After Tax (NPAT) for the quarter was ₹5,241.34 Lakhs.
- For the nine months ended December 31, 2025, Total Income reached ₹30,266.80 Lakhs, while NPAT stood at ₹14,588.55 Lakhs.
Interim Dividend Declaration
In a significant decision, the Board declared an Interim Dividend for the financial year 2025-26:
- The dividend rate is set at @ 76.00%, translating to ₹7.60 per equity share, based on the face value of ₹10.00.
- This dividend is mandated to be paid within 30 days from the declaration date.
- The Board fixed February 18, 2026, as the official Record Date for determining shareholder eligibility for the dividend payment.
Segmental Performance Overview (Standalone)
In terms of business segmentation, Marketing and E-Commerce remain the primary reportable segments.
- Total Segment Revenue for the nine months ended December 31, 2025 was ₹30,266.80 Lakhs.
- The E-Commerce segment contributed the largest portion of revenue, totaling ₹27,999.06 Lakhs for the nine-month period.
- Total Segment Profit/(Loss) After Tax for the nine months was ₹14,588.55 Lakhs.
Auditor’s Review: Emphasis of Matter
The Statutory Auditors drew attention to several key operational and accounting matters:
- An increase in Employee Benefit Expenses totaling ₹238.17 Lakhs due to the enhancement of the Gratuity limit from ₹20 Lakhs to ₹25 Lakhs, triggered by a Dearness Allowance increase above 50% of Basic Pay.
- No provision has yet been made for the financial impact of the newly notified new Labour Codes, which became effective from November 21, 2025, as quantification is currently underway.
- The outlook regarding the present status of borrowings from Standard Chartered Bank remains a point of management focus.
Consolidated Results Notes
The Consolidated Results include the financial performance of the Joint Venture, Mahindra MSTC Recycling Private Limited.
- The Consolidated Net Profit after tax for the nine months ended December 31, 2025, was reported at ₹14,120.95 Lakhs.
- The parent company’s share of loss after tax from the Joint Venture for the quarter was ₹104.56 Lakhs.
Source: BSE
