MTAR Technologies has secured orders worth Rs 3.86 billion in the clean energy–fuel cells segment, highlighting growth in this vertical.

Of the total order value, Rs 2.05 billion will be executed by Q4 FY26, with the balance in Q1 FY27.

“The company continues to strengthen its presence in the Clean Energy – Fuel Cells segment, driven by its cutting-edge product portfolio, timely execution, and cost competitiveness, despite macro challenges such as tariffs. In addition, we expect further orders from fuel cells segment going forward,” said Parvat Srinivas Reddy, Managing Director, MTAR Technologies.

MTAR operates nine manufacturing units, including an export-oriented unit, in Hyderabad. It serves clean energy, civil nuclear power, fuel cells, hydel, aerospace, and defence sectors, with a legacy of five decades of partnerships with Indian organisations and global OEMs. 

News source: BSE