MTAR records 47.4% YoY growth in revenue and 39.4% YoY increase in EBITDA

Newsmantra — Tue, 11 Feb 2025 09:07:15 +0000

Hyderabad, Feb 11, 2025 – MTAR Technologies Ltd (“MTAR”), a leading manufacturer engaged in manufacturing and development of mission critical precision engineered systems catering to Clean Energy – Civil Nuclear Power, Fuel Cells, Hydel & Others, Space, and Defence sectors has announced its unaudited consolidated financial results for the third quarter ended December 31, 2024.

YoY Q3 FY 25 vs. Q3 FY 24

Revenue from Operations stood at Rs.174.5 Cr. in Q3 FY 25 as against Rs.118.4 Cr. in Q3 FY 24, 47.4% increase YoY
EBITDA reported at Rs. 33.3 Cr. in Q3 FY 25 as compared to Rs. 23.9 Cr. in Q3 FY 24, 39.4% increase YoY
Profit Before Tax stands at Rs. 21.4 Cr. in Q3 FY 25 as against Rs. 12.9 Cr. in Q3 FY 24, 66.3% increase YoY
Profit After Tax was at Rs. 16.0 Cr in Q3 FY 25 as against Rs. 10.4 Cr. in Q3 FY 24, 52.8% increase YoY

Commenting on the results, Mr. Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, “The company has received orders of more than 400 Crs recently across Clean Energy and Aerospace sectors, there by strengthening our order book position. In addition, we are expecting significant orders in Civil Nuclear Sector in the near future. The execution in FY 26 shall be stronger backed by robust order book with an improvement in margins as we will be entering into volume production with several MNC customers.”

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MTAR records 47.4% YoY growth in revenue and 39.4% YoY increase in EBITDA