MTAR Technologies has received Rs. 226 crore of orders in Clean Energy and Aerospace segments. This includes Rs. 191 crore of orders for various products from Bloom Energy in Clean Energy sector and Rs. 35 crore of orders from reputed customers in Aerospace including Rafael, IMI Systems, and IAI. Furthermore, Rs. 225 crore of orders are expected to be executed within one year and balance orders shall be executed by April 2026. Powered by Capital Market - Live News

MTAR Technologies announced that Gangapatnam Venkata Satish Kumar Reddy (DIN: 06535717), Non-Executive Director of the Company has resigned from the Board of Directors of the Company effective from 13 December 2024.Powered by Capital Market - Live News

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