Conference Call with MTAR Technologies Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Defence company MTAR Technologies announced Q1FY25 results: Revenue from Operations stood at Rs 128.3 crore in Q1FY25 as against Rs152.6 crore in Q1FY24, 15.9% decrease YoY EBITDA reported at Rs 16.6 crore in Q1FY25 as compared to Rs 34.5 crore in Q1FY24, 51.9% decrease YoY Profit Before Tax stands at Rs 6.2 crore in Q1FY25 as against Rs 27.3 crore in Q1FY24, 77.2% decrease YoY Profit After Tax was at Rs 4.4 crore in Q1FY25 as against Rs 20.3 crore in Q1FY24, 78.2% decrease YoY Commenting on the results, Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, “ We are looking forward to clock highest ever revenue in Q2 of this fiscal year. Also, the execution in second half is going to be stronger than the first half. There will progressive improvement in margins starting from Q2. The company has recently received 140 Crs of orders in Clean Energy segment. We are expecting more orders in Clean Energy that shall be executed in this fiscal year itself. Further, there will be significant inflow of orders from Oil & Gas and other sectors as well in second half.” Result PDF