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Incorporated in 1983, MMP Industries Ltd manufactures and sells aluminium powder products
MMP Industries' board approved Q1 FY27 financial results. Revenue surged to ₹232.78 Cr, with PAT at ₹13.66 Cr, a turnaround from last year's ₹6.92 Cr loss. Note: Prior year results were impacted by a fire incident. Two new independent directors with extensive experience joined the board.
MMP Industries has announced a board meeting on 30th May to discuss the financial results for the quarter and half-year. The company will resume production, packing, and dispatch in unaffected areas of its Umred plant after receiving necessary approvals, aiding revenue continuity as recovery progresses.
A fire incident at the Umred plant in Nagpur resulted in the tragic loss of 7 lives. The company expresses deep condolences to the deceased's families during this difficult time. The fire affected the Mixer and Polisher Tube area of the Powder Division; however, key production sections, including Atomising, Ball...
An explosion and fire incident occurred at MMP Industries' Aluminium Powder division in Umred, Nagpur, resulting in estimated losses of up to ₹15-20 crore for inventory and plant machinery. Operations will resume once all statutory formalities and investigations are completed. This incident could temporarily affect production capacity and operational efficiency,...
An explosion and fire occurred at the Umred Manufacturing Unit of MMP Industries Limited in the Aluminium Powder division, resulting in the tragic loss of 5 lives. The company expresses deep condolences to the affected families. Investigations are underway to determine the incident's root causes and to establish corrective measures....