MTAR Technologies’ shares fall on Wednesday even after the company reports a sharp improvement in fourth-quarter performance. The stock drops as much as 3.6% to around Rs 6,030 on the NSE, despite strong earnings in the March quarter. MTAR posts a consolidated net profit of Rs 44.28 crore for Q4, up from Rs 13.72 crore in the year-ago period—an increase of about 223%. Revenue from operations for the quarter rises to roughly Rs 306 crore from about Rs 183 crore a year earlier, supported largely by higher product sales (Rs 303 crore versus Rs 179 crore). Profit before tax increases to Rs 59.54 crore from Rs 18.62 crore. For the full fiscal year FY26, the company reports consolidated net profit of Rs 94.03 crore, up from Rs 52.89 crore in FY25, while annual revenue from operations grows by about 31% to Rs 876.21 crore. Business Standard also notes that MTAR touches a 52-week high on the back of the Q4 PAT growth and reports an order book of about Rs 2,582 crore. The company’s costs rise alongside activity, but operating performance improves, reflected in a higher PBT margin.
MTAR Technologies shares slip despite 223% Q4 profit jump and higher revenues
MTAR Technologies’ shares fall on Wednesday even after the company reports a sharp improvement in fourth-quarter performance. The stock drops as much as 3.6% to around Rs 6,030 on the NSE, despite str...
- MTAR Technologies reports Q4 consolidated net profit of Rs 44.28 crore, up about 223% year-on-year from Rs 13.72 crore.
- Revenue from operations in Q4 rises to about Rs 306 crore from around Rs 183 crore a year earlier.
- Profit before tax for Q4 increases to Rs 59.54 crore from Rs 18.62 crore in the year-ago quarter.
- For FY26, consolidated net profit increases to Rs 94.03 crore from Rs 52.89 crore in FY25; revenue from operations rises to Rs 876.21 crore.
- Shares trade lower on Wednesday despite the earnings; one report also cites a 52-week high and an order book of about Rs 2,582 crore.
MTAR Technologies reported a net profit of ₹44.3 per cent, up over 223 per cent from ₹13.7 crore in the year-ago period
3 months agoShares of multibagger stock MTAR Technologies declined as much as 3.6% to their day's low of Rs 6,030 on the NSE on Wednesday despite reporting a strong jump in fourth-quarter earnings, helped by robust growth in revenue and improved operating performance across its businesses. The Hyderabad-based precision engineering company posted a consolidated net profit of Rs 44.28 crore for the March quarter, sharply higher than Rs 13.72 crore reported in the same period last year, reflecting a growth of about 223%.Revenue from operations for the quarter rose nearly 67% to Rs 306 crore from Rs 183 crore a year earlier. The increase was mainly driven by higher product sales, which rose to Rs 303 crore from Rs 179 crore in the corresponding quarter last year.Profit before tax stood at Rs 59.54 crore in Q4, up from Rs 18.62 crore in the year-ago period, marking an increase of nearly 220%.For the full year FY26, the company reported consolidated net profit of Rs 94.03 crore, compared with Rs 52.89 crore in FY25, translating into growth of close to 78%.Annual revenue from operations rose 31% to Rs 876.21 crore from Rs 675.99 crore in the previous financial year.Profit before tax for FY26 increased to Rs 126.15 crore from Rs 71.57 crore in FY25, registering growth of more than 76%.Total expenses during the March quarter rose to Rs 262.92 crore from Rs 164.50 crore in the same quarter last year. Cost of materials consumed increased to Rs 165 crore from Rs 95.66 crore, reflecting higher production activity and execution.Employee benefit expenses came in at Rs 43.05 crore compared with Rs 34.51 crore a year earlier, while finance costs rose to Rs 9.62 crore from Rs 5.93 crore. Despite the rise in costs, the company’s quarterly profit before tax margin improved to nearly 18.4% from 10.2% in the year-ago quarter, indicating better operational efficiency.MTAR Technologies operates across sectors such as clean energy, civil nuclear power, aerospace and defence, and precision engineering manufacturing. The company has been strengthening its execution capabilities and expanding its order pipeline amid growing opportunities in strategic manufacturing and energy transition-related businesses.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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