- Business
- The State Trading Corporation of India Limited (STCINDIA.BO) operates as a premier government-owned international trading company under the Ministry of Commerce and Industry, primarily engaged in the import and export of bulk commodities and agro products. Established in 1956 and headquartered in New Delhi, India, the company handles a diverse portfolio of core products and services including rice, wheat, sugar, pulses, edible oils, castor oils and seeds, fertilizers, coal, bullion, hydrocarbons, metals, chemicals, drugs and medical disposables, engineering and construction materials, consumer products, textiles and garments, leatherware, processed foods, iron ore, steel raw materials, spices, jute goods, tobacco, rubber, cashew, coffee, tea, opium, HPS groundnut, meat, and marine products; it conducts operations across more than 84 countries with 13 branch offices in India. STC maintains its role in market interventions as directed by the Government of India, price support operations for commodities like raw jute, shellac, tobacco, rubber, and vanilla, and export development through technical, marketing, and financial assistance to exporters, including machinery imports, design centers, testing labs, and participation in global exhibitions. Recent developments include the approval of annual audited financial results for the fiscal year ended March 31, 2025, an extension of the Annual General Meeting for FY 2024-25 announced in September 2025, and reports of potential government consideration for closure or delisting amid discussions on PSUs with high promoter holdings, alongside Q1 FY 2025-26 results showing revenue of INR 23.25 crore and profit after tax of INR 9.82 crore.