Millat Tractors profit drops 17% in 1QFY26
Millat Tractors Limited (MTL) reported a 17% year-on-year decline in profit for the first quarter of FY2025–26, posting earnings of Rs514 million or Rs2.57 per share, well below market expectations. Quarterly profit also fell 61% compared to the preceding quarter, reflecting weaker sales and lower non-operating income. Read More: Poor Farm Economics Weighing on Millat…