MTAR Technologies delivered exceptional financial results for the second quarter of fiscal 2027, with net profit surging 1,309.5% year-on-year to ₹59.8 crore compared to ₹4.2 crore in the corresponding period last year. According to the company's unaudited financial results filed with stock exchanges on Thursday, revenue from operations nearly tripled to ₹406.8 crore from ₹135.6 crore in the year-ago period. The aerospace and defence components maker demonstrated remarkable growth across all key financial metrics during the September quarter.
On a quarter-on-quarter basis, MTAR Technologies' net profit rose 20% to ₹59.8 crore from ₹50 crore in the previous quarter, while revenue increased 12.7% to ₹406.8 crore from ₹361 crore. The company's operational efficiency showed significant improvement with EBITDA surging 483.3% to ₹99.2 crore from ₹17 crore in the year-ago quarter. However, EBITDA margin narrowed to 24.3% from 29.9% in the preceding quarter, indicating some sequential pressure on operating profitability despite the substantial year-on-year growth. Profit before tax (PBT) jumped 1,314.6% to ₹80.3 crore from ₹5.7 crore in the year-ago quarter.
In a significant corporate development, the Hyderabad bench of the National Company Law Tribunal (NCLT) approved the merger of two wholly owned subsidiaries with MTAR Technologies. According to reports from the company, this merger represents a strategic consolidation move that will strengthen the company's operational structure and streamline its corporate governance framework. The NCLT approval provides regulatory clarity for the merger process.
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 stated. 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 shares ended 2.61% higher at ₹7,158.50 on the NSE on Thursday, October 29, reflecting positive market sentiment toward the strong quarterly performance. The stock has gained 199% so far in 2026 despite declining 3.6% over the past month.
