MTAR Technologies reported a 1,309.5% year-on-year increase in profit after tax (PAT) to ₹59.8 crore in the second quarter of FY27, compared with ₹4.2 crore in the corresponding quarter last year, driven by a sharp increase in revenue and operating earnings.
Revenue from operations nearly tripled to ₹406.8 crore in Q2FY27 from ₹135.6 crore a year earlier, an increase of 200%.
Earnings before interest, tax, depreciation and amortisation (EBITDA), a measure of operating profit, surged 483.3% to ₹99.2 crore from ₹17 crore in the year-ago quarter. Profit before tax (PBT) jumped 1,314.6% to ₹80.3 crore from ₹5.7 crore.
MTAR Technologies’ sequential performance
On a quarter-on-quarter basis, MTAR Technologies’ net profit rose 20% to ₹59.8 crore from ₹50 crore in the previous quarter. Revenue increased 12.7% to ₹406.8 crore from ₹361 crore.
EBITDA reported at ₹99.2 crore in Q2 FY27 as compared to ₹85.1 crore in Q1 FY27, 16.6% increase QoQ.
MTAR Technologies expects stronger second half of FY27
Commenting on the results, Parvat Srinivas Reddy, managing director of MTAR Technologies, said the company had continued to deliver strong quarterly performance, consistently surpassing the results 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,” Reddy said.
He added that the company remained focused on strengthening its presence across key business segments, with execution continuing to be its priority.
Reddy expressed confidence in sustaining strong growth momentum over the coming years, supported by favourable industry trends across the sectors in which MTAR Technologies operates.
MTAR Technologies share price
MTAR Technologies shares ended 2.61% higher at ₹7,158.50 on the NSE on Thursday, October 29. The stock has declined 3.6% over the past month but has gained 199% so far in 2026.
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