Net profit of MTAR Technologies declined 8.26% to Rs 18.77 crore in the quarter ended September 2024 as against Rs 20.46 crore during the previous quarter ended September 2023. Sales rose 13.66% to Rs 187.08 crore in the quarter ended September 2024 as against Rs 164.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.08164.60 14 OPM %19.6821.93 - PBDT33.0931.47 5 PBT25.3125.69 -1 NP18.7720.46 -8 Powered by Capital Market - Live News

Net profit of MTAR Technologies declined 9.84% to Rs 18.78 crore in the quarter ended September 2024 as against Rs 20.83 crore during the previous quarter ended September 2023. Sales rose 13.68% to Rs 187.10 crore in the quarter ended September 2024 as against Rs 164.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.10164.58 14 OPM %19.5522.01 - PBDT33.0031.78 4 PBT25.3326.13 -3 NP18.7820.83 -10 Powered by Capital Market - Live News

MTAR Technologies will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live News

MTAR Technologies has received reaffirmation in credit ratings from ICRA for bank facilities totalling Rs 670 crore at ICRA A; Stable/ ICRA A1. Powered by Capital Market - Live News

MTAR Technologies has received Rs. 15.4 crore order from Defence Research & Development Laboratory (DRDL) for manufacturing and supply of full-scale and sub-scale combustors for the development of cutting-edge air-breathing engine technology for defence programs. The company shall execute the order by September 2025 as per the contract terms. Powered by Capital Market - Live News