ATL is a manufacturer of strategic and critical materials and high-integrity metal components for various critical and super-critical applications in aerospace.

IAI is a world leader in defense, aerospace, and commercial markets. The company has a diverse product portfolio that includes air and missile defence, unmanned aerial systems (UAS), ground robotics, precision-guided weapons, and loitering munitions.

Sachin Agarwal, chairman and managing director, PTC Industries said: "We are pleased to share that Aerolloy Technologies has been approved by Israel Aerospace Industries for supply cast components. This is yet another major approval received by ATL recently demonstrating the technological capabilities that the company has built in a short period of time. This is a significant achievement for us, and we will now be working with one of Israel's leading organisations and a global leader. This would also open great opportunities for us for exports in the defence and aerospace sectors."

PTC Industries is one of the world's leading suppliers of high-precision metal components for critical and super-critical operations across a wide range of segments including Aerospace, Defence, and Industrial.

The company's consolidated net profit zoomed to Rs 6.09 crore in the quarter ended December 2022 as against Rs 1.16 crore during the corresponding quarter previous year. Net sales jumped 26.82% YoY to Rs 56.94 crore in the quarter under review.