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MMTC pays Rs 24.83 cr dividend to Centre

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:39 AM IST

State-run metal and minerals trading major MMTC today paid a dividend of Rs 24.83 crore for 2010-11 financial year to the Centre.

MMTC in its 48th Annual General Meeting had declared a dividend payout of 25 per cent for 2010-11, an official release said.

The dividend cheque was presented to Commerce and Industry Minister Anand Sharma, it said.

MMTC earned a net profit after tax of Rs 122 crore in FY11.

The firm concluded 2010-11 with a business turnover of Rs 68,855 crore which includes exports of Rs 3,694 crore, imports of Rs 63,301 crore and domestic trade of Rs 1,860 crore, it said.

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First Published: Oct 27 2011 | 7:52 PM IST

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