MTAR Technologies Limited announced its unaudited financial results for the second quarter of FY27, reporting its highest-ever quarterly revenue of ₹406.8 crore, a 200.0% increase year-on-year. EBITDA also saw substantial growth, rising by 483.3% to ₹99.2 crore. Profit After Tax for the quarter stood at ₹59.8 crore, marking a 1309.5% increase YoY.
MTAR Technologies Reports Record Quarterly Performance
MTAR Technologies Limited has announced a stellar performance for the second quarter of the Financial Year 2027 (Q2 FY27), achieving its highest-ever quarterly revenue. The company reported a revenue from operations of ₹406.8 crore, representing a significant 200.0% year-on-year increase from ₹135.6 crore in Q2 FY26.
Substantial EBITDA and Profit Growth
The company’s EBITDA also witnessed an impressive surge, reaching ₹99.2 crore in Q2 FY27, a 483.3% jump compared to ₹17.0 crore in the corresponding quarter of the previous year. Profit Before Tax stood at ₹80.3 crore, up by 1314.6% from ₹5.7 crore in Q2 FY26. Consequently, Profit After Tax for the quarter was ₹59.8 crore, a remarkable 1309.5% increase over the ₹4.2 crore reported in Q2 FY26.
Quarter-on-Quarter Performance
On a quarter-on-quarter basis, MTAR Technologies also demonstrated strong growth. Revenue from operations increased by 12.8% to ₹406.8 crore in Q2 FY27 from ₹360.7 crore in Q1 FY27. EBITDA rose by 16.6% to ₹99.2 crore (Q2 FY27) from ₹85.1 crore (Q1 FY27). Profit Before Tax grew by 19.1% to ₹80.3 crore (Q2 FY27) from ₹67.4 crore (Q1 FY27). Profit After Tax also saw a 19.1% increase, reaching ₹59.8 crore in Q2 FY27 from ₹50.2 crore in Q1 FY27.
Management Outlook
Mr. Parvat Srinivas Reddy, Managing Director, MTAR Technologies, expressed confidence in the company’s performance, stating, “The Company continues to deliver strong quarterly performance, consistently surpassing the achievements of preceding quarters. We expect H2 FY27 to be stronger than H1, supported by a robust order book and sustained execution momentum, in line with our annual guidance.”
Source: BSE
