Quarterly Updates5 Nov 2025, 06:14 pm
MTAR Technologies Ltd. Announces Q2 Results, Approves Merger of Subsidiaries
AI Summary
MTAR Technologies Ltd. announced the financial results for the quarter and half-year ended 30th September 2025. The company's revenue from operations stands at INR 1,343.64 million and INR 1,355.93 million for the quarter and half-year respectively. The Board also approved the merger of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into the holding company, subject to necessary approvals.
Key Highlights
- MTAR Technologies Ltd. announced Q2 results with a revenue of INR 1,343.64 million for the quarter and INR 1,355.93 million for the half-year.
- The company's net profit for the period stands at INR 187.73 million.
- The Board approved the merger of Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited into the holding company.
- The merger is subject to necessary approvals from regulatory authorities.
- The company's business activity falls within a single line of business segment.