The result was announced after market hours on Tuesday, 14 August 2012.
Meanwhile, the BSE Sensex was down 2.88 points, or 0.02%, to 17,725.32.
On BSE, 35,000 shares were traded in the counter as against an average daily volume of 1.08 lakh shares in the past one quarter.
The stock hit a high of Rs 814 and a low of Rs 795 so far during the day. The stock had hit a 52-week high of Rs 1009 on 10 January 2012. The stock had hit a 52-week low of Rs 438.55 on 20 December 2011.
The stock had outperformed the market over the past one month until 14 August 2012, rising 7.86% compared with the Sensex's 2.99% rise. The scrip had also outperformed the market in past one quarter, gaining 5.99% as against 9.33% rise in the Sensex.
The large-cap company has an equity capital of Rs 100 crore. Face value per share is Re 1.
The rise in profit was mainly on account of lower expenses (cost of material consumed, purchases of stock-in -trade and employee related expenditure. The company's total expenditure declined 73.9% to Rs 5326.92 crore in Q1 June 2012 as against Rs 20427.19 crore in Q1 June 2011.
State-run MMTC is India's largest international trading company. MMTC is the largest non-oil importer in India. The Government of India holds 99.33% stake in MMTC.