Closing orderbook for FY23 will be around Rs 1000 cr | Parvat Srinivas Reddy, MTAR Tech

MTAR Technologies, a leading precision engineering solutions company including an export oriented unit, reported net profit of Rs 16.2 cr for the first quarter ended June 30,202 as against Rs 8.7 cr in the corresponding period in previous year. Commenting on the results, Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, “ The company has received substantial orders in the Clean Energy segment in Q1FY23. We are anticipating an accelerated order inflow over the next three quarters. We are working towards building a strong order book, enhancing our customer base.” Watch to know more.#MTARTech #MTARTechrevenue ##MTARTechperformance

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