In 1970, MTAR Technologies was launched as a company and it primarily dealt in manufacturing assemblies, sub-assemblies, spare parts for nuclear, space, defence, energy, aerospace, and other engineering industries.
Financial Results:
During the period ended December 31, 2022, a total income of INR 165.919 crores was reported by the company. This is in comparison to INR 79.241 crores which the company reported in the period ended December 31, 2021.
For the period ended December 31, 2022, the company reported a net profit / (loss) of INR 31.449 crores as compared to INR 13.309 crores that was reported in the the period ended December 31, 2021.
In the period ended December 31, 2021, MTAR Technologies reported an earnings per share of INR 4.32. This grew to INR 10.22 in the period ended December 31, 2022.