Mtar Technologies Q3 FY24 Results

Mtar Technologies has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:

Revenue Analysis

• Current Quarter Revenue: Rs. 118.38 Cr
• Quarter-on-Quarter (QoQ) Change: -29.04% (Previous Quarter: Rs. 166.84 Cr )
• Year-on-Year (YoY) Change: -26.09% (Same Quarter Last Year: Rs. 160.17 Cr )

Profitability Metrics

• Net Profit: Rs. 10.45 Cr
• QoQ Profit Change: -48.94% (Previous Quarter: Rs. 20.46 Cr )
• YoY Profit Change: -66.78% (Same Quarter Last Year: Rs. 31.45 Cr )

Shareholder Returns

• Earnings Per Share (EPS): Rs. 3.40
• QoQ EPS Change: -48.87% (Previous Quarter: Rs. 6.65)
• YoY EPS Change: -66.73% (Same Quarter Last Year: Rs. 10.22)

Performance Summary

Challenging

Mtar Technologies faced significant challenges with both sales and profits declining sharply. This might reflect tough market conditions or internal changes.

This analysis provides a snapshot of Mtar Technologies's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.