The Jefferies report on small and midcap companies (excluding UPL) showed strong profit growth of 44% compared to last year. This growth was due to increased sales by 11% and a rise in operating profit margin by 220 basis points compared to the previous year.
The Jefferies report on small and midcap companies (excluding UPL) showed strong profit growth of 44% compared to last year. This growth was due to increased sales by 11% and a rise in operating profit margin by 220 basis points compared to the previous year.
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.