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MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Newspaper Publication

News Paper Publication of Financial Results for Third quarter and Nine months ended 31.12.2022
10-02-2023
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MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Pursuant to Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 read with Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report dated February 09, 2023 issued by M/s. Axis Bank Limited, Monitoring Agency in respect of utilization of proceeds of IPO for the quarter ended on December 31, 2022.
10-02-2023
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Q3FY23 Quarterly Result Announced for MTAR Technologies Ltd.

MTAR Technologies announced Q3FY23 results: Q3FY23 vs Q3FY22: Revenue from operations doubled to Rs 160.2 crore in Q3FY23 as against Rs 78.1 crore in Q3FY22, 105.1% increase YoY EBITDA reported at Rs 45.0 crore in Q3FY23 as compared to Rs 22.8 crore in Q3FY22, 97.4% increase YoY Profit before tax stands at Rs 42.0 crore in Q3FY23 as against Rs 18.7 crore in Q3FY22, 124.3% increase YoY Profit after tax was at Rs 31.4 crore in Q3FY23 as against Rs 13.3 crore in Q3FY22, 136.2% increase YoY. Q3FY23 vs Q2FY23: Revenue from operations stood at Rs 160.2 crore in Q3FY23 as against Rs 126.2 crore in Q2FY23, 26.9 % increase QoQ EBITDA reported at Rs 45.0 crore in Q3FY23 as compared to Rs 34.9 crore in Q2FY23, 29.0% increase QoQ Profit before tax stands at Rs 42.0 crore in Q3FY23 as against Rs 33.0 crore in Q2FY23, 27.4% increase QoQ Profit after tax was at Rs 31.4 crore in Q3FY23 as against Rs 24.7 crore in Q2FY23, 27.4% increase QoQ Commenting on the results, Mr. Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, “The company is set to achieve full year guidance of 55%-60% growth in revenue with 30% EBITDA margin +/- 100 bps. We look forward to continue our growth momentum in FY24 with a robust revenue increase and sustainable margins backed by healthy order book, and lucrative market opportunities available in Clean Energy – Fuel Cells, Hydel & Others, Civil Nuclear Power, Space and Defence sectors." Result PDF
09-02-2023
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MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Investors Press Release on the financial results for the third quarter and nine months ended 31 December, 2022
09-02-2023
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MTAR Technologies Ltd - 543270 - Outcome Of The Board Meeting Held On 09.02.2023

outcome of the Board meeting held on 09.02.2023
09-02-2023
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MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Schedule of Q3 & 9MFY23 Earning Conference call to discuss Operational & Financial performance on Friday, 10th February 2023 at 11:00 AM.
06-02-2023
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MTAR Technologies Ltd - 543270 - Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 09Th February 2023

MTAR Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 read with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board Meeting of the Company will be held on Thursday, 09th February 2023 at 01:30 PM at registered office of the company, to take on record, inter alia, the following: 1. To consider and approve the Unaudited Financial results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2022. 2. To consider the Monitoring agency report in respect of utilization of proceeds of IPO for quarter and nine months ended December 31, 2022. 3. Any other business with the permission of the Chair.
03-02-2023
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MTAR Technologies Ltd - 543270 - Resignation Of Mr. Devesh Dhar Dwivedi, Chief Operating Officer Of The Company, As Per Regulation 30 Of SEBI (LODR) Regulations, 2015.

With reference to the captioned subject and in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform the Exchanges that Mr. Devesh Dhar Dwivedi has tendered his resignation vide email from the post of Chief Operating Officer of the Company due to his personal reasons with effect from January 24, 2023.
25-01-2023
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