India's Mtar Technologies falls on quarterly profit drop

MTAR Technologies

06/11/2025 06:39

** Shares of Mtar Technologies MTAR.NS down 6% to 2371 rupees, marks biggest intraday percentage loss since February 17

** Precision engineering co posts 77% y/y decline in September-quarter consol net profit; total rev from ops drops 29.2% y/y

** More than 1 mln shares change hands, 1.5x of 30-day avg

** Stock up 42.9% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))