This is to inform you that the Board of Directors of MSTC Limited at its meeting held today i.e. 29th May, 2026 approved the Audited Financial Results (Standalone & Consolidated) for the ....
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MSTC Limited reported standalone FY2025-26 revenue from operations of Rs 36,965.66 Lakhs (up ~18.9% from Rs 31,095.96 Lakhs). However, Profit After Tax declined significantly to Rs 22,168.87 Lakhs from Rs 40,298.09 Lakhs in the previous year—this is primarily because the prior year included exceptional items: a net gain of Rs 26,318.86 Lakhs from the sale of investment in FSNL to Konoike Transport. The auditors from S. Guha & Associates issued an unmodified opinion. Key audit emphasis areas include: a contingent liability of Rs 14,361.97 Lakhs related to an ongoing dispute with Standard Chartered Bank (borrowings for export bills from 2008-09), Rs 1,471.19 Lakhs written back from old liabilities, and Rs 238.17 Lakhs impact from enhanced gratuity limits due to new labour codes. The Board recommended a final dividend of Rs 8.10 per share (81%), in addition to interim dividend already paid. The company also gave preliminary consent to alter its MoA to include travel and tourism business through web-based platforms.
PAT decline appears dramatic on the surface but is largely due to the absence of one-time exceptional gains seen in FY 2024-25. The underlying operating performance shows ~19% revenue growth. Shareholders can expect dividend payout, though the ongoing SCB legal dispute remains a contingent risk. The proposed diversification into travel and tourism is a notable strategic development.