Results     29-May-24
Announcements
MTAR Technologies consolidated net profit declines 84.33% in the March 2024 quarter
Sales decline 27.20% to Rs 142.97 crore
Net profit of MTAR Technologies declined 84.33% to Rs 4.87 crore in the quarter ended March 2024 as against Rs 31.07 crore during the previous quarter ended March 2023. Sales declined 27.20% to Rs 142.97 crore in the quarter ended March 2024 as against Rs 196.40 crore during the previous quarter ended March 2023.

For the full year,net profit declined 45.75% to Rs 56.11 crore in the year ended March 2024 as against Rs 103.42 crore during the previous year ended March 2023. Sales rose 1.22% to Rs 580.75 crore in the year ended March 2024 as against Rs 573.75 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales142.97196.40 -27 580.75573.75 1
OPM %12.7524.97 -19.4126.84 -
PBDT13.1047.99 -73 96.20158.88 -39
PBT7.1942.97 -83 73.04140.22 -48
NP4.8731.07 -84 56.11103.42 -46

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