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MMTC Holds 56th Annual General Meeting

MMTC's 56th Annual General Meeting was held on Monday, September 30th at SCOPE Complex in New Delhi with the Company's shareholders and its Board of Directors in attendance. Despite the global economic slowdown, MMTC has recorded a turnover of ₹28292.82 crores and a net profit of ₹81.43 crores during FY 2018-19, surpassing its last year's performance. Addressing the meeting, CMD Shri Ved Prakash declared that measures are being taken to revamp the Company's operations to maintain and improve profitability in today's competitive business environment. MMTC further declared a dividend of 30%, continuing its streak of positive returns to shareholders.

Publish Date: 03-10-2019

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Last Updated on 13-12-2019