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MSTC's revenue increased 10.9% YoY
  • 12 Feb 2026
  • MSTC Ltd reported a 4.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.9%.
  • Its expenses for the quarter were up by 11.3% QoQ and 17.1% YoY.
  • The net profit increased 8.1% QoQ and decreased 79.5% YoY.
  • The earnings per share (EPS) of MSTC Ltd stood at 7.3 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

MSTC Ltd is a public sector enterprise primarily engaged in the business of trading, e-commerce, and recycling. The company operates within the Indian market and provides services such as marketing of ferrous and non-ferrous scrap, coal and coke, petroleum products, iron ore, and other industrial raw materials. It also offers e-auction and e-procurement services, which have become a significant part of its operations. MSTC Ltd plays a crucial role in facilitating transactions between buyers and sellers across various sectors. As of the latest available data, no recent major developments have been widely reported for MSTC Ltd.

For the third quarter of the fiscal year 2026 (Q3FY26), MSTC Ltd reported a total income of ₹106.71 crores. This represents a quarter-over-quarter (QoQ) increase of 4.3% from ₹102.30 crores in Q2FY26. Compared to the same quarter in the previous fiscal year (Q3FY25), where total income was ₹96.20 crores, there is a year-over-year (YoY) growth of 10.9%. The consistent increase in total income over the quarters indicates a robust revenue performance during this period. The growth can be attributed to the company's diverse portfolio of services and its strategic presence in various sectors of the economy.

In Q3FY26, MSTC Ltd achieved a profit before tax of ₹66.50 crores, a slight increase of 0.5% from ₹66.16 crores in Q2FY26. However, when compared to Q3FY25, there is a significant decline of 80.3%, as the profit before tax was ₹337.33 crores during that period. The tax expense for Q3FY26 was ₹14.08 crores, which decreased by 17.2% from the previous quarter, and by 83.4% YoY. This resulted in a profit after tax of ₹51.37 crores in Q3FY26, marking an 8.1% QoQ increase from ₹47.50 crores in Q2FY26, but a significant YoY decrease of 79.5% from ₹250.85 crores in Q3FY25. Earnings per share mirrored this pattern, at ₹7.30 in Q3FY26, compared to ₹6.75 in Q2FY26, and ₹35.63 in Q3FY25.

The company's total expenses for Q3FY26 amounted to ₹40.21 crores, which is an 11.3% increase from the previous quarter's expenses of ₹36.14 crores. Compared to Q3FY25, where total expenses were ₹34.35 crores, there is a YoY increase of 17.1%. Despite the rise in expenses, the company managed to maintain profitability, showcasing its ability to manage costs effectively. The financial data highlights a significant year-over-year decrease in both profit before tax and profit after tax, which could suggest changes in operational efficiency or external market conditions affecting the company's profitability.