Since its founding in 1970, MTAR Technologies has been producing a range of machine tools, assemblies, sub-assemblies, and spare parts for the energy, nuclear, space, aerospace, military, and other engineering sectors.
Financial Results:
- MTAR Technologies Limited reported Total Income for Q4FY23 of ₹ 201 Crores up from ₹ 101 Crore year on year, a rise of 99%.
- Total Expenses for Q4FY23 of ₹ 158 Crores up from ₹ 77 Crores year on year, rise of 105%.
- Consolidated Net Profit of ₹ 31 Crores, up 57% from ₹ 20 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 10.10, up 57% from ₹ 6.44 in the same quarter of the previous year.
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