MTAR Technologies Q2 net profit surges 1310%, posts highest ever quarterly revenue | Hyderabad News

MTAR Technologies Q2 net profit surges 1310%, posts highest ever quarterly revenue

Hyderabad: Aerospace and defence player MTAR Technologies Ltd on Thursday said its profit after tax for the second quarter ended Sept 2026 surged 1310% to Rs 60 crore from Rs 4 crore in Q2 FY26.This came even as the company reported its highest-ever quarterly revenue for the second quarter of FY27, driven by strong execution across its clean energy, aerospace and defence businesses.Revenue from operations rose 200% year-on-year to Rs 407 crore in Q2 FY27, compared with Rs 136 crore in the same quarter last year.MTAR Technologies managing director Parvat Srinivas Reddy said the company expected the second half of FY27 to be stronger than the first half, supported by a robust order book and sustained execution momentum.“We remain focused on strengthening our presence across key business segments; execution continues to be our key priority,” Reddy said.“Looking ahead, we remain confident of sustaining strong growth momentum over the coming years, supported by strong industry tailwinds across the sectors in which we operate.”MTAR Technologies manufactures and develops mission-critical precision-engineered systems for clean energy, including civil nuclear power, fuel cells and hydel power, as well as aerospace and defence sectors.The company operates 16 manufacturing units, including an export-oriented unit, in Hyderabad, and has longstanding relationships with Indian organisations and global original equipment manufacturers.

Leave a Comment