MTAR Technologies reported strong consolidated quarterly results for June 2023, showing significant growth in net sales and net profit compared to the same period in 2022. The company’s stock also performed well, delivering impressive returns over the last 6 and 12 months.
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Net Sales: Rs 152.56 crore in June 2023, up 67.64% from Rs. 91.01 crore in June 2022.
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Quarterly Net Profit: Rs. 20.34 crore in June 2023, up 25.41% from Rs. 16.22 crore in June 2022.
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EBITDA: Rs. 38.62 crore in June 2023, up 34.28% from Rs. 28.76 crore in June 2022.
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EPS: MTAR Tech EPS increased to Rs. 6.61 in June 2023 from Rs. 5.27 in June 2022.
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Share Price: MTAR Tech shares closed at Rs. 2,292.55 on August 10, 2023 (NSE), with significant returns over the past 6 and 12 months.
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