The announcement was made after market hours yesterday, 20 February 2019.

Meanwhile, the S&P BSE Sensex was up 22.27 points or 0.06% at 35,778.53

On the BSE, 604 shares were traded on the counter so far as against the average daily volumes of 72 shares in the past two weeks. The stock had hit a high of Rs 1,468.80 and a low of Rs 1,381.35 so far during the day.

Dynamatic Technologies has signed a Memorandum of Understanding (MoU) with Joint-Stock Company (JSC) Russian Helicopters on Ka-226T Helicopter with an intent to build major structural assemblies for fuselage and aggregate assembly, sub-assemblies and detail parts fabrication.

On a consolidated basis, Dynamatic Technologies' net profit surged 3363.64% to Rs 3.81 crore on 10.97% rise in net sales to Rs 366.56 crore in Q3 December 2018 over Q3 December 2017.

Dynamatic Technologies designs and builds high precision systems and sub-systems for Aerospace, Automotive, Hydraulics, and Homeland Security & Defense.

Powered by Capital Market - Live News

Net profit of Dynamatic Technologies rose 3363.64% to Rs 3.81 crore in the quarter ended December 2018 as against Rs 0.11 crore during the previous quarter ended December 2017. Sales rose 10.97% to Rs 366.56 crore in the quarter ended December 2018 as against Rs 330.31 crore during the previous quarter ended December 2017.

Powered by Capital Market - Live News

Net profit of Dynamatic Technologies rose 540.00% to Rs 8.32 crore in the quarter ended September 2018 as against Rs 1.30 crore during the previous quarter ended September 2017. Sales rose 14.54% to Rs 369.88 crore in the quarter ended September 2018 as against Rs 322.94 crore during the previous quarter ended September 2017.

Powered by Capital Market - Live News

Dynamatic Technologies will hold a meeting of the Board of Directors of the Company on 14 November 2018.

Powered by Capital Market - Live News