New Launch9 Jun 2025, 09:00 am
MTAR Technologies Ltd. Receives Rs. 19.2 Crores of Orders in Clean Energy and Aerospace Sectors
AI Summary
MTAR Technologies Ltd. has received orders worth Rs. 19.2 Crores in the Clean Energy and Aerospace sectors. This includes orders worth Rs. 17.8 Crores in Clean Energy and Rs. 1.4 Crores in Aerospace. Nearly 4.7 Crores of orders are for the development of new products in Clean Energy and the successful execution of first articles is estimated to generate a recurring revenue of Rs. 10 Crores annually. This consistent addition of new products exemplifies the company’s focus on sustaining its growth trajectory and innovation.
Key Highlights
- MTAR Technologies Ltd. has received orders worth Rs. 19.2 Crores in Clean Energy and Aerospace sectors
- Orders worth Rs. 17.8 Crores are in the Clean Energy sector and Rs. 1.4 Crores in the Aerospace sector
- Nearly 4.7 Crores of orders are for the development of new products in Clean Energy
- Successful execution of first articles is estimated to generate a recurring revenue of Rs. 10 Crores annually
- MTAR's focus on sustaining its growth trajectory and innovation is evident through the consistent addition of new products