The project is scheduled to be executed up to April 2028.

MTAR Technologies develops and manufactures components and equipment for the defense, aerospace, nuclear, and clean energy sectors.

The company’s consolidated net profit tumbled 77.4% to Rs 4.25 crore on a 28.2% drop in revenue from operations to Rs 134.36 crore in Q2 FY26 over Q2 FY25.

Shares of MTAR Technologies tumbled 5.56% to Rs 2,378 on Friday, 5 December 2025.