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MTAR Tech Hits Record Sales, Profit Surges
30 Jul
Summary
- Revenue reached INR 360.7 crores, a 130.4% increase year-over-year.
- EBITDA surged nearly 200%, with PAT rising over fourfold.
- Order book expanded to INR 5,943 crores, ensuring strong future visibility.
MTAR Technologies announced a record-breaking first quarter for fiscal year 2027, with revenue climbing 130.4% year-over-year to INR 360.7 crores. This surge was accompanied by substantial profit growth, as EBITDA increased by nearly 200% and Profit After Tax (PAT) rose more than fourfold.
The company's performance was driven by strong demand across its key business verticals, including civil nuclear power, clean energy, and aerospace and defense. Management highlighted improved execution and a broader product mix as contributing factors to this significant growth.
MTAR Technologies' order book has expanded to INR 5,943 crores following recent orders, providing robust revenue visibility for the coming years. The company is confident in exceeding its FY2027 guidance of 80% revenue growth and an EBITDA margin of 22% ± 100 basis points.
