Corporate News     17-Jun-23
MTAR Technologies receives affirmation in credit ratings
From ICRA
MTAR Technologies has received affirmation in credit ratings from ICRA as under:

Long term fund based term loan (Rs 172.59 crore) - ICRA A; Stable
Long term fund based working capital facility (Rs 245 crore) - ICRA A; Stable
Long term/ short term non fund based (Rs 214 crore) - ICRA A; Stable/ ICRA A1
Long term unallocated (Rs 18.41 crore) - ICRA A; Stable
Short term standby limit (Rs 20 crore) - ICRA A1

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  MTAR Technologies consolidated net profit rises 86.22% in the June 2022 quarter
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