MMTC Ltd

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "MMTC Ltd" – news · newspapers · books · scholar · JSTOR (July 2013) (Learn how and when to remove this message)

Metals and Minerals Trading Corporation of India Limited

Company type	Central Public Sector Undertaking
Traded as	BSE: 513377 NSE: MMTC
Industry	Trading Company
Founded	26 September 1963 (26 September 1963)
Headquarters	New Delhi, India
Key people	Sanjay Chadha (Chairman & MD)
Revenue	₹28,997.23 crore (US$3.5 billion) (2019) [1]
Operating income	₹183.86 crore (US$22 million) (2019)[1]
Net income	₹81.43 crore (US$9.8 million) (2019)[1]
Total assets	₹4,454.77 crore (US$530 million) (2019)[1]
Total equity	₹1,489.25 crore (US$180 million) (2019)[1]
Owner	Government of India (89.93%)
Number of employees	778 (01st May 2020)
Website	www.mmtclimited.com

MMTC Ltd. (known fully as Metals and Minerals Trading Corporation of India) is one of the two highest earners of foreign exchange for India and India's largest public sector trading body. Not only handling the export and import of primary products such as coal, iron ore, agro and industrial products, MMTC also exports and imports important commodities such as ferrous and nonferrous metals for industry, and agricultural fertilizers. MMTC's diverse trade activities cover third country trade, joint ventures and link deals and all modern forms of international trading. The company has a vast international trade network, spanning almost in all countries in Asia, Europe, Africa, Oceania, and in the United States and also includes a wholly owned international subsidiary in Singapore, MTPL. It is one of the Miniratnas companies.

MMTC is one of the two highest foreign exchange earner for India (after petroleum refining companies).^[2] It is the largest international trading company of India and the first public sector enterprise to be accorded the status of Five Star Export Houses by Government of India for long standing contribution to exports

Being the largest player in bullion trade, including retailing, MMTC's share was 146 tonnes of gold out of the total import of 600 tonnes of the precious metal in 2008–09.