MSTC hits upper circuit after Q2 profit jumps 57.73%
In short
MSTC shares hit the 20% upper circuit after the company reported strong Q2 results. Net profit rose 57.73% year on year to ₹74.92 crore, and revenue grew 29.41% to ₹110 crore.
The results pushed the PSU stock higher and added to its recent rally.
What the reporting says
MSTC shares hit the 20% upper circuit after the state-owned company reported a 57.73% year-on-year rise in Q2 net profit to ₹74.92 crore. Revenue increased 29.41% to ₹110 crore, and e-commerce transactions crossed ₹54,580 crore in H1 FY27. The earnings update drove the stock sharply higher.
Why it matters
MSTC’s Q2 earnings showed net profit rising 57.73% year on year to ₹74.92 crore and revenue increasing 29.41% to ₹110 crore. The company also said e-commerce transactions exceeded ₹54,580 crore in H1 FY27. The numbers triggered a sharp share-price move, with the stock hitting the 20% upper circuit.