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MTAR Technologies shares plummet over 16% to hit 2-month low as net profit drops 53% in Q4

MTAR Technologies shares plummeted 16.10% after weak Q4 financial results, with a 53.4% drop in net profit. Revenue increased by 20.8% but EBITDA decreased by 23.6%. Full-year profit fell by 45.7%.

MTAR Technologies shares tank 12% after Q3 results; check details

MTAR Technologies shares plunge 12% on weak Q2 earnings, lower FY24 guidance

MTAR Technologies revenue from operations stood at Rs 166.8 crore in Q2FY24 as against Rs 126.2 crore in the corresponding period of the last financial year. It was up 32.2%. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) reported by the company for the reporting quarter stood at Rs 36.1 crore as compared to Rs 34.9 crore in the year ago period. It was up by 3.4% YoY.

MTAR Q2 profit declines 17 per cent to Rs 20 5 crore - The Hindu BusinessLine

MTAR Q2 profit declines 17 per cent to Rs 20 5 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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