Net profit of MTAR Technologies declined 66.77% to Rs 10.45 crore in the quarter ended December 2023 as against Rs 31.45 crore during the previous quarter ended December 2022. Sales declined 26.09% to Rs 118.38 crore in the quarter ended December 2023 as against Rs 160.17 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales118.38160.17 -26 OPM %20.1528.12 - PBDT18.7446.91 -60 PBT12.8942.05 -69 NP10.4531.45 -67 Powered by Capital Market - Live News

MTAR Technologies will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

Net profit of MTAR Technologies declined 17.13% to Rs 20.46 crore in the quarter ended September 2023 as against Rs 24.69 crore during the previous quarter ended September 2022. Sales rose 32.22% to Rs 166.84 crore in the quarter ended September 2023 as against Rs 126.18 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales166.84126.18 32 OPM %21.6327.68 - PBDT31.4737.62 -16 PBT25.6932.99 -22 NP20.4624.69 -17 Powered by Capital Market - Live News

MTAR Technologies will hold a meeting of the Board of Directors of the Company on 8 November 2023.Powered by Capital Market - Live News

MTAR Technologies receives the Defence Industrial License (DIL: 14(2023)) for production of various mechanical and electronic subsystems in Defence sector. This will facilitate the ease of doing business with foreign MNCs on various defence projects. The license will enable the company to be partner with foreign MNCs and cater to both Domestic & Export markets by taking up projects under Buy (Indian), `Buy & Make (Indian)` & `Make` categories of acquisition, thereby increasing the share of Defence in the company`s revenues. Powered by Capital Market - Live News