{"id":146542,"date":"2023-05-17T09:35:53","date_gmt":"2023-05-17T13:35:53","guid":{"rendered":"https:\/\/44.250.171.167\/?p=146542"},"modified":"2023-05-17T09:35:54","modified_gmt":"2023-05-17T13:35:54","slug":"mtar-technologies-q4fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mtar-technologies-q4fy23-earnings-story\/","title":{"rendered":"MTAR Technologies Q4FY23 Earnings Story"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>MTAR Technologies Limited reported Total Income for Q4FY23 of \u20b9 201 Crores up from \u20b9 101 Crore year on year, a rise of 99%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 158 Crores up from \u20b9 77 Crores year on year, rise of 105%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 31 Crores, up 57% from \u20b9 20 Crores in the same quarter of the previous year.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 10.10, up 57% from \u20b9 6.44 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-46.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"296\" height=\"432\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-46.png\" alt=\"\" class=\"wp-image-146543\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-46.png 296w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-46-206x300.png 206w\" sizes=\"auto, (max-width: 296px) 100vw, 296px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9 201 Crores up from \u20b9 101 Crore year on year, a rise [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[8235,2132],"class_list":["post-146542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","tag-engineering","tag-manufacturing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152701,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-ltd-q1fy24-25-rise-in-profits\/","url_meta":{"origin":146542,"position":0},"title":"MTAR Technologies Ltd Q1FY24; 25% rise in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"MTAR Technologies was established in 1970, it is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries. Financial Results: MTAR Technologies Ltd reported Revenues for Q1FY24 of \u20b9152.00 Crores up from \u20b991.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":158737,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-ltd-q3fy24-66-fall-in-profits\/","url_meta":{"origin":146542,"position":1},"title":"MTAR Technologies Ltd Q3FY24; 66% fall in Profits","author":"Chirag Gupta","date":"February 13, 2024","format":false,"excerpt":"MTAR Technologies was established in 1970, it is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries. Financial Results: MTAR Technologies Ltd reported Revenues for Q3FY24 of \u20b9118.00 Crores down from \u20b9160.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-109.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142417,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-limited-q3fy23-earnings\/","url_meta":{"origin":146542,"position":2},"title":"MTAR Technologies Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"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.\u00a0 Financial Results: During the period ended December 31, 2022, a total income of INR 165.919 crores was reported by the company.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":161657,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-ltd-q4fy24-84-fall-in-profits\/","url_meta":{"origin":146542,"position":3},"title":"MTAR Technologies Ltd Q4FY24; 84% fall in Profits","author":"Chirag Gupta","date":"May 29, 2024","format":false,"excerpt":"MTAR develops and manufactures components and equipment for the defense, aerospace, nuclear and clean energy sectors. The company was incorporated in 1970 by the promoters, Mr PR Reddy, Mr KSN Reddy and Mr PJ Reddy, to cater to the technical and engineering needs of the Indian government in the post\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-208.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":145158,"url":"https:\/\/alphastreet.com\/india\/kfin-technologies-limited-q4fy23-earnings\/","url_meta":{"origin":146542,"position":4},"title":"Kfin Technologies Limited Q4FY23 Earnings","author":"Karan_Singh","date":"May 5, 2023","format":false,"excerpt":"Leading technology-driven financial services platform KFin Technologies Limited. In addition to offering a variety of investor solutions, including transaction origination and processing for mutual funds and private retirement plans in Malaysia, the Philippines, and Hong Kong, the firm offers services and solutions to corporate issuers and asset managers across all\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":146302,"url":"https:\/\/alphastreet.com\/india\/paras-defence-space-tech-q4fy23-earnings\/","url_meta":{"origin":146542,"position":5},"title":"Paras Defence &#038; Space Tech. Q4FY23 Earnings","author":"Karan_Singh","date":"May 16, 2023","format":false,"excerpt":"A private corporation called Paras Defence and Space Technologies (PDST) specialises in designing, developing, producing, and testing a range of defence and space engineering goods and services. Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse Protection Solutions are the company's four main business sectors. Financial Results: Paras\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=146542"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134936"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=146542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=146542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=146542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}