Q3 Results: 4 Companies Double Profits; MTAR Tech, Syrma SGS, Carborundum, Orient Cement Shine

• MTAR Technologies, Syrma SGS Technology, Carborundum Universal, and Orient Cement reported over 100% profit growth in Q3.
• MTAR Technologies' net profit surged 117% to ₹34.6 crore, driven by a 56.9% revenue increase and improved margins.
• Syrma SGS Technology saw net profit jump to ₹102.7 crore, with revenue up 45.5% and EBITDA nearly doubling.
• Carborundum Universal's profit rose to ₹75.9 crore, benefiting from stable expenses and the absence of a prior year's one-time loss, despite modest revenue growth.
• Orient Cement's profit increased to ₹27.8 crore, with EBITDA up 54.5% and margins improving to 14.1%, despite a slight revenue dip.

Why It Matters: Four companies, including MTAR Tech and Syrma SGS, reported significant Q3 profit growth, making them stocks to watch.