The corporate’s EBITDA rose 80.9% to ₹61.7 crore within the quarter, whereas the EBITDA margin expanded to twenty.2% from 18.6% a 12 months earlier. Shares of MTAR Technologies Ltd ended at ₹6,250.55, down by ₹256.10, or 3.94%, on the BSE at present, Might 12.
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Precision engineering firm MTAR Technologies Ltd on Tuesday (Might 12) reported a 222.6% year-on-year surge in internet profit for the fourth quarter at ₹44.2 crore, in contrast with ₹13.7 crore in the identical interval final 12 months.
Revenue for the quarter elevated 67.2% year-on-year to ₹306 crore from ₹183 crore a 12 months in the past.
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The corporate’s EBITDA rose 80.9% to ₹61.7 crore within the quarter, in contrast with ₹34.1 crore within the corresponding interval final 12 months. The EBITDA margin expanded to twenty.2% from 18.6% a 12 months earlier.
Shares of MTAR Technologies Ltd ended at ₹6,250.55, down by ₹256.10, or 3.94%, on the BSE at present, Might 12.
(Edited by : Shoma Bhattacharjee)
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