MTAR Technologies Ltd. News and Updates

Defence company MTAR Technologies declares Q4FY22 result: MTAR Technologies reports a PAT of Rs. 19.8 Cr. in Q4 FY 22 with 48.8 % QoQ increase Revenue from Operations stood at Rs. 98.6 Cr. in Q4 FY 22 as against Rs. 78.1 Cr. in Q3 FY 22,26.2% increase QoQ EBITDA reported at Rs. 27.7 Cr. in Q4 FY 22 as compared to Rs. 22.8 Cr. in Q3 FY 22, 21.4% increase QoQ Profit Before Tax stands at Rs. 23.8 Cr. in Q4 FY 22 as agahtst Rs. 18.7 Cr. in Q3 FY 22, 27.1% increase QoQ Profit After Tax was at Rs.19.8 Cr. in Q4 FY 22 as against Rs. 13.3 Cr. in Q3 FY 22, 48.8% increase QoQ Diluted EPS stands at Rs. 6.4 for Q4 FY 22 as against Rs. 4.3 for Q3 FY 22 Revenue from Operations stood at Rs. 322.0 Cr. in FY22 as against Rs. 246.4 Cr. in FY 21, 30.7% increase EBITDA reported at Rs. 94.4 Cr. in FY22 as compared to Rs. 83.1 Cr. in FY21, 13.6% increase Profit Before Tax stands at Rs. 82.2 Cr. in FY22 as against Rs. 64.8 Cr. in FY 21, 26.8% increase Profit After Tax was at Rs. 60.9 Cr. in FY22 as against Rs. 46.0 Cr. in FY 21, 32.1% increase Diluted EPS in FY 22 stands at Rs.19.8 as against Rs. 17.0 in FY21 Commenting on the results, Mr. Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, "MTAR has clocked an annual revenue of Rs. 322.0 Cr. with an YoY growth of 30.7Yo. We have posted an EBITDA of Rs. 94.4 Cr. with an YoY growth of 13.6% and a Profit after Tax of Rs.60.9 Cr. with an YoY growth of 32.1%.The company continues to strenglhen its product portfolio and diversify into products with attractive growth potential. We are focusing on expanding our international presence, accordingly, the company is in active discussion with multiple global OEMs. The company has always emphasised on adding new capabilities. I'm pleased to announce that we have commenced operations at our sheet metal facility in Adibatla. In addition, we would be further enhancing our competencies by establishing electronics manufacturing facility in.house to cater to Defence and Space sectors" Result PDF

43.91% Gain from 52W Low

High volume today

MTAR Technologies Ltd. News and Updates

Keep track of all breaking news on MTAR Technologies Ltd. from all sources in a single place.