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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. ....

Parvat Srinivas Reddy , Clean Energy , Earnings Before Interest , Profit Before Tax , Managing Director , Mtar Technologies , Mtar Technologies Share Price , Fy24 Guidance , Q2 Earnings , Net Profit ,

'Tech mood not as bad as in 2008; bet on strong growth'

In an interview, C Vijayakumar, managing director and chief executive of HCL Technologies, said the company slashed its FY24 guidance due to a weak overall first half of this fiscal. ....

C Vijaykumar , Hcl Technologies , September Quarter , Net Profit , Operating Margin , Fy24 Guidance ,