MTAR Technologies consolidated net profit rises 9.94% in the March 2022 quarter

Sales rise 42.54% to Rs 98.58 crore

Net profit of MTAR Technologies rose 9.94% to Rs 19.80 crore in the quarter ended March 2022 as against Rs 18.01 crore during the previous quarter ended March 2021. Sales rose 42.54% to Rs 98.58 crore in the quarter ended March 2022 as against Rs 69.16 crore during the previous quarter ended March 2021.

For the full year,net profit rose 32.10% to Rs 60.87 crore in the year ended March 2022 as against Rs 46.08 crore during the previous year ended March 2021. Sales rose 30.67% to Rs 322.01 crore in the year ended March 2022 as against Rs 246.43 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales98.5869.16 43 322.01246.43 31 OPM %28.1143.46 -29.3333.72 - PBDT27.5828.48 -3 96.5377.40 25 PBT23.8325.25 -6 82.2264.84 27 NP19.8018.01 10 60.8746.08 32

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