5425972025-01-012025-03-315425972025-03-315425972024-03-315425972024-04-012025-03-315425972025-01-012025-03-31in-capmkt:OtherExpenses1Member5425972025-01-012025-03-31in-capmkt:OtherExpenses2Member5425972024-04-012025-03-31in-capmkt:OtherExpenses1Member5425972024-04-012025-03-31in-capmkt:OtherExpenses2Member5425972025-01-012025-03-31in-capmkt:ReportableSegments1Member5425972025-01-012025-03-31in-capmkt:ReportableSegments2Member5425972025-01-012025-03-31in-capmkt:ReportableSegments3Member5425972024-04-012025-03-31in-capmkt:ReportableSegments1Member5425972024-04-012025-03-31in-capmkt:ReportableSegments2Member5425972024-04-012025-03-31in-capmkt:ReportableSegments3Member5425972025-01-012025-03-31in-capmkt:ReportableSegments1Member5425972025-01-012025-03-31in-capmkt:ReportableSegments2Member5425972025-01-012025-03-31in-capmkt:ReportableSegments3Member5425972024-04-012025-03-31in-capmkt:ReportableSegments1Member5425972024-04-012025-03-31in-capmkt:ReportableSegments2Member5425972024-04-012025-03-31in-capmkt:ReportableSegments3Member5425972025-01-012025-03-31in-capmkt:ReportableSegments1Member5425972025-03-31in-capmkt:ReportableSegments1Member5425972025-01-012025-03-31in-capmkt:ReportableSegments2Member5425972025-03-31in-capmkt:ReportableSegments2Member5425972025-01-012025-03-31in-capmkt:ReportableSegments3Member5425972025-03-31in-capmkt:ReportableSegments3Member5425972025-01-012025-03-31in-capmkt:ReportableSegments1Member5425972025-03-31in-capmkt:ReportableSegments1Member5425972025-01-012025-03-31in-capmkt:ReportableSegments2Member5425972025-03-31in-capmkt:ReportableSegments2Member5425972025-01-012025-03-31in-capmkt:ReportableSegments3Member5425972025-03-31in-capmkt:ReportableSegments3Member5425972025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15425972025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25425972024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15425972024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25425972025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares542597MSTCLTDNOTLISTEDINE255X01014MSTC LIMITEDMain BoardEquity2024-04-012025-03-312025-05-292025-05-17INRLakhsQuarterlyFourth quarterMulti segment2025-05-2914:00:002025-05-2918:00:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated888524000231763000112028700000024450200002150800099413000365423000754864000-103522000651342000-12004000073000-1199670000771309000000-16160000755149000105900075620800000007040000001010.7310.730010.7310.73Notes: <BR> 1) The above results for the quarter and year ended 31st March 2025 have been prepared in accordance with Indian Accounting Standards (‘Ind AS’) notified under Section 133 of the Companies Act, 2013 read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 29th May 2025. The statutory auditor has reviewed the results as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR) as amended. <BR> 2) The figures for the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures up to the third quarter of respective financial years. <BR> 3) Pursuant to the share purchase agreement dated 24.10.2024 executed among MSTC Limited, Ferro Scrap Nigam Limited (FSNL) and Konoike Transport Company Limited and receipt of sale consideration of Rs.32,000.00 Lakhs, MSTC has transferred its entire shareholding in FSNL to Konoike Transport Company Limited on 21.01.2025. With this FSNL ceases to be the subsidiary of MSTC, w.e.f. 21.01.2025. Consequently, while preparing the Consolidated Financial Statements, the figures of FSNL has not been considered for FY 2024-25 and FY 2023-24. The consolidated results for FY 2024-25 and 2023-24 only include share of net profit/loss after tax and total comprehensive income/loss of joint venture namely Mahindra MSTC Recycling Private Limited (MMRPL). <BR> 4) The Current Borrowings includes Rs.14,361.97 Lakhs (Previous period Rs.14,361.97 Lakhs) towards payment made by Standard Chartered Bank (SCB), after purchase of export bills of MSTC raised on foreign buyers against export of Gold Jewelleries to the buyers during 2008-09, under a Receivable Purchase Agreement. On non-receipt of the proceeds from the foreign buyers against the bills, SCB submitted claims with the Insurance Company, who, however, wrongfully repudiated the claim of SCB. Thereafter, SCB converted the receivables purchased from MSTC under the Receivables Purchase Agreement into loans/ debts as if owing by MSTC, claimed the amount from MSTC with interest and filed a case, being the Original Application (OA) in the Debt Recovery Tribunal (DRT), Mumbai in the year 2012, which MSTC has denied and disputed. MSTC has disclosed the amount simultaneously as Borrowings and as Trade Receivables. The matter is sub-judice and is contingent in nature, at this juncture. <BR> 5) Exceptional item includes expenditure of Rs.3,850.33 lakhs (USD 38.93 Lakhs and Rs.481.98 Lakhs) towards payment and provision on account of very old arbitration awards and profit on sale of investment in FSNL of Rs.30,169.19 Lakhs (net of sale proceeds of Rs.32,000.00 lakhs minus Rs.1,581.00 lakhs original value of investment and Rs.249.81 lakhs direct expenses on sale) to Konoike Transport Company Limited. <BR> 6) The audited Accounts are subject to Supplementary Audit by the Comptroller and Auditor General of India under section 143(6) of the Companies Act, 2013. <BR> 7) Figures of the previous period/year have been regrouped/reclassified/rearranged to conform to the classification of the current period/year, wherever necessary.2024-04-012025-03-31AuditedConsolidated3109596000765424000387502000000091321300018000009087600036138900013672780002507742000263188600051396280001016867000-7648000100921900004130409000000-596880004070721000459580004116679000000070400000010668013900057.8257.820057.8257.82Provisions and Write Off5164000Others94249000Provisions and Write Off5164000Others3562250005285610000005168900000115623000000346170003461700097827600022245670003933333000003095439000378204100098052080000521793000172044810000461610001725064200000211839750007040000006680139000738413900073841390000000356280003562800016881300000103096000307537000145002000059900012305280001231127000105775530001325870000023230300012960000013492299000001379983600021183975000Marketing17524000E-commerce1091813000Others (unallocable)10950000Marketing171508000E-commerce3662725000Others (unallocable)40787000112028700038750200000011202870003875020000Marketing11839000E-commerce1081336000Others (unallocable)-457993000Marketing162842000E-commerce3630034000Others (unallocable)1287064000635182000507994000000006351820005079940000Marketing0E-commerce0Others (unallocable)0000Marketing0E-commerce0Others (unallocable)00001) In terms of IndAS 108 the Group has identified Marketing and E-Commerce as its two Primary Reportable Business Segments. There is no Secondary Segment. <BR> 2) Assets and liabilities used in the Group business are not identified to any of the reportable segments, as these are used interchangably between the segments. Hence the Management believes, that it is currently not practicable to provide segment disclosure related to assets and liabilities.18000000343630000-36227000-301683800000018312000000-44113000091622000014510000000007246370000000000-1848320000329130800000068827800002603030000317501900000005000000000143000246339000019294040000000000000000000698968000001648387000000000000002886400000592000000-289232000013590970000135909700024229440003782041000Remeasurement of the net defined benefit plans659000Share of Other Comprehensive Income of Joint Venture5660001225000Remeasurement of the net defined benefit plans60935000Share of Other Comprehensive Income of Joint Venture359000612940001660001533600000105900045958000AuditedtrueS Guha & Associatestrue2027-03-31