MSTC share price: MSTC shares surged 20% on Friday, November 13, after the government-owned company reported strong financial performance for the September 2026 quarter, with net profit rising 57.73% year-on-year (YoY) and revenue increasing 29.41%. The stock climbed to an intraday high of ₹783.65 on the BSE, moving closer to its 52-week high following the earnings announcement.
The company's investor presentation also highlighted record quarterly and half-yearly profitability since its stock market listing in March 2019. Growth in its e-commerce business, higher operating earnings and several significant business developments supported its performance.
MSTC reported net profit of ₹74.92 crore in Q2 FY27, compared with ₹47.50 crore in the corresponding quarter last year. Revenue from operations increased 29.41% to ₹110 crore from ₹85 crore.
Operating profit grew 43.39% to ₹73.89 crore from ₹51.53 crore. Net profit margin expanded to 68.1% from 55.9% in the year-ago quarter.
The investor presentation highlighted the company's highest-ever second-quarter profit before tax (PBT) of ₹99.53 crore and profit after tax (PAT) of ₹74.60 crore since listing in March 2019. The presentation's Q2 PAT figure differs from the ₹74.92 crore cited in the supplied earnings brief.