ManufacturingPre-market
MTAR Technologies reports Q2 results and merger approval
pre-market1 source ↓written by the desknot a recommendation
- in Q1
- ₹156.60 cr
- EBITDA fell
- ₹17.00 cr
- tax dropped
- ₹4.20 cr
MTAR Technologies announced its Q2 results, reporting revenue of ₹135.60 cr, down from ₹156.60 cr in Q1. EBITDA fell to ₹17.00 cr, while profit after tax dropped to ₹4.20 cr. The company also approved a subsidiary merger scheme, aiming for revenue to nearly double in H2. This restructuring may enhance operational efficiency.
Not investment advice. For informational purposes only.