State-run MMTC today reported a 36.41 per cent dip in its net profit at Rs 24.91 crore for the third quarter ended December 31, 2008, as compared to Rs 39.17 crore in the corresponding period last year.
The total income nearly doubled to Rs 9,763.57 crore for the quarter under review, from Rs 4,884.86 crore in the same period a year-ago.
For the first nine months of this fiscal, MMTC reported a 8.59 per cent growth in its net profit at Rs 125.45 crore. It had a net profit of Rs 115.53 crore in the same period last year.
Total income during the nine-month period rose 89.71 per cent to Rs 32,030.45 crore.
Shares of MMTC were trading at Rs 16,825, up 0.36 per cent in the late afternoon trade on the BSE.