MMTC : Disclosed a 24.97% rise in its standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company rose to Rs 467.80 million from Rs 374.30 million in the same quarter, last year.

Net sales for the quarter jumped 2.10 times to Rs 124,891 million, while total income for the quarter jumped 2.10 times to Rs 124,972.30 million, when compared with the prior year period.

The company reported earnings of Rs 9.36 a share during the quarter, registering 25.13% growth over previous year period.