[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":3,"article-mtar-technologies-records-inr-1184-cr-revenue-in-q3-fy-24":142,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4,"links":79,"meta":84},[5,13,19,25,31,37,43,49,55,61,67,73],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30","MWM Desk","News",{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. MagneTech announces India's first integrated rare earth magnet plant with a INR 1,250 Cr investment to reduce import dependence and fuel EV growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant-JBb4AB.jpeg","2026-07-31T01:48:57+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"PSB Xchange Expands Lender Network with Punjab National Bank","psb-xchange-expands-lender-network-with-punjab-national-bank","Punjab National Bank joins the PSB Xchange platform to accelerate digital supply chain finance and working capital for Indian MSMEs.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fpsb-xchange-expands-lender-network-with-punjab-national-bank-OKaGm9.jpg","2026-07-29T20:00:05+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=131",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,131,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"« Previous",false,{"url":80,"label":92,"page":85,"active":93},"1",true,{"url":83,"label":95,"page":96,"active":90},"2",2,{"url":98,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=3","3",3,{"url":102,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=4","4",4,{"url":106,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=5","5",5,{"url":110,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=6","6",6,{"url":114,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=7","7",7,{"url":118,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=8","8",8,{"url":122,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=9","9",9,{"url":126,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=10","10",10,{"url":82,"label":130,"active":90},"...",{"url":132,"label":133,"page":134,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=130","130",130,{"url":81,"label":136,"page":86,"active":90},"131",{"url":83,"label":138,"page":96,"active":90},"Next »","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1569,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},830,"MTAR Technologies Records INR 118.4 Cr Revenue in Q3 FY 24","mtar-technologies-records-inr-1184-cr-revenue-in-q3-fy-24","MTAR Technologies reports Q3 FY 24 results with INR 118.4 Cr revenue. Discover the impact of deferred exports and the company's growth outlook.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002F1707834307_MTAR.png\" alt=\"\" width=\"514\" height=\"158\">MTAR Technologies Ltd, a leading manufacturer engaged in the manufacturing and development of mission-critical precision-engineered systems catering to Clean Energy – Civil Nuclear Power, Fuel Cells, Hydel & Others, Space, and Defence sectors, has announced its unaudited financial results for the third quarter ended December 31, 2023.\u003C\u002Fp>\r\n\u003Cp>YoY Q3 FY 24 vs. Q3 FY 23\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Revenue from Operations stood at INR 118.4 crore in Q3 FY 24 as against INR 160.2 crore in Q3 FY 23, 26.1 percent decrease YoY\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●EBITDA reported at INR 23.9 crore in Q3 FY 24 as compared to INR 45.0 crore in Q3 FY 23, 47.0 percent decrease YoY\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Profit Before Tax stands at INR 12.9 crore in Q3 FY 24 as against INR 42.0 crore in Q3 FY 23, 69.3 percent decrease YoY\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Profit After Tax was at INR 10.4 Cr in Q3 FY 24 as against INR 31.4 crore in Q3 FY 23, 66.8 percent decrease YoY\u003C\u002Fp>\r\n\u003Cp>On the results, Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, commented, “Revenues in FY 24 shall be marginally higher as compared to FY 23 due to the deferment of export shipments in the Clean Energy sector to the next fiscal year. However, the growth outlook for FY 25 remains intact, with a 45-50 percent YoY likely increase in revenues. The company is in the final stages of discussion with reputed global MNCs as well as making good progress in the Small Satellite Launch Vehicle project.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.mtar.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002FStWoKjVaWW8bswbaFbnZ.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FFebruary2024\u002FStWoKjVaWW8bswbaFbnZ.jpg","2024-02-22T21:14:07+05:30",0,"MTAR Technologies reported a revenue of INR 118.4 crore for Q3 FY 24, marking a 26.1 percent decrease year-over-year.\nProfit After Tax declined to INR 10.4 crore, significantly impacted by the deferment of export shipments in the Clean Energy sector.\nThe company maintains a positive FY 25 outlook, projecting 45-50 percent revenue growth driven by new MNC partnerships and satellite projects.","Precision engineering leader MTAR Technologies has released its Q3 FY 24 financial results, reporting revenue of INR 118.4 crore. Despite a challenging quarter marked by a 26.1% YoY dip due to deferred export shipments in the Clean Energy sector, the leadership remains optimistic about the future. Managing Director Parvat Srinivas Reddy confirmed that the company is on track for a robust FY 25, with revenue growth projected at 45-50%. Strategic progress in the Small Satellite Launch Vehicle project and ongoing discussions with global MNCs position MTAR for a strong recovery and long-term expansion in the space and defence sectors. Stay tuned to Magic Wand Media for ongoing updates on industrial performance and manufacturing trends. #MTARTechnologies #ManufacturingIndustry #FinancialResults","MTAR Technologies reports INR 118.4 Cr revenue in Q3 FY 24. While the company saw a YoY decline due to deferred exports, leadership remains bullish on a 45-50% growth surge in FY 25. #Manufacturing #MTAR","MTAR Technologies has shared its latest financial update for Q3 FY 24! 📊 The company reported revenue of INR 118.4 Cr, noting a temporary dip caused by deferred export shipments in the Clean Energy sector. 📉\n\nHowever, the team is looking ahead with confidence! 🚀 With major progress in the Small Satellite Launch Vehicle project and new global partnerships on the horizon, MTAR is targeting a 45-50% growth jump for FY 25. It’s an interesting phase for the precision engineering giant as they gear up for a big year. 🏗️✨\n\n#MTAR #FinancialNews #Engineering #CleanEnergy #SpaceTech #ManufacturingGrowth #BusinessUpdate",{"title":145,"description":147,"keywords":158},"mtar technologies, q3 fy 24 results, precision engineering, clean energy, defence sector, financial report, aerospace manufacturing, indian manufacturing",{"title":160,"slug":161,"imageUrl":162},"Atlas Copco India Wins Energy Efficiency Award for Industrial Air Compressors","atlas-copco-india-wins-energy-efficiency-award-for-industrial-air-compressors","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002FvluAizRclkHXXoVn2rhR.JPG",{"title":164,"slug":165,"imageUrl":166},"Norway Leads Green Industrial Revolution as Partner Country at Hannover Messe 2024","norway-leads-green-industrial-revolution-as-partner-country-at-hannover-messe-2024","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FFebruary2024\u002FG2NDLxuCJrZ6e0shngok.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Indo-German Industrial Ties Strengthen as AMF India Expands in Bengaluru Ahead of AMB 2026","https:\u002F\u002Fwww.youtube.com\u002Fwatch?v=kqFaxnXsWn8","2026-08-05T18:43:48+05:30",{"first":174,"last":175,"prev":82,"next":176},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1015","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=2",{"current_page":85,"from":85,"last_page":178,"links":179,"path":207,"per_page":85,"to":85,"total":178},1015,[180,181,182,183,185,187,189,191,193,195,197,199,200,204,206],{"url":82,"label":89,"page":82,"active":90},{"url":174,"label":92,"page":85,"active":93},{"url":176,"label":95,"page":96,"active":90},{"url":184,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=3",{"url":186,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=4",{"url":188,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=5",{"url":190,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=6",{"url":192,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=7",{"url":194,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=8",{"url":196,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=9",{"url":198,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=10",{"url":82,"label":130,"active":90},{"url":201,"label":202,"page":203,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1014","1014",1014,{"url":175,"label":205,"page":178,"active":90},"1015",{"url":176,"label":138,"page":96,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos",{"id":82,"src":209,"path":210,"track_path":82,"alt":211,"raw":212,"ts":213},"\u002Fimages\u002Fassets\u002Ftop_feature.webp","\u002Fcontact-us","Advertise Here","",1786444574,{"data":215,"links":228,"meta":229},[216,217,218,219,220,221,222,223,224,225,226,227],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},{"first":80,"last":81,"prev":82,"next":83},{"current_page":85,"from":85,"last_page":86,"links":230,"path":139,"per_page":140,"to":140,"total":141},[231,232,233,234,235,236,237,238,239,240,241,242,243,244,245],{"url":82,"label":89,"page":82,"active":90},{"url":80,"label":92,"page":85,"active":93},{"url":83,"label":95,"page":96,"active":90},{"url":98,"label":99,"page":100,"active":90},{"url":102,"label":103,"page":104,"active":90},{"url":106,"label":107,"page":108,"active":90},{"url":110,"label":111,"page":112,"active":90},{"url":114,"label":115,"page":116,"active":90},{"url":118,"label":119,"page":120,"active":90},{"url":122,"label":123,"page":124,"active":90},{"url":126,"label":127,"page":128,"active":90},{"url":82,"label":130,"active":90},{"url":132,"label":133,"page":134,"active":90},{"url":81,"label":136,"page":86,"active":90},{"url":83,"label":138,"page":96,"active":90},{"id":82,"src":247,"path":210,"track_path":82,"alt":211,"raw":212,"ts":213},"\u002Fimages\u002Fassets\u002Fside_top.webp"]