Small-cap company MRO-TEK Networks on Tuesday reported that its fiscal second-quarter (Q2FY27) net profit declined 60.2% year-on-year to \u20b92.30 crore. This compares to a net profit of \u20b95.8 crore in Q2FY26. <\/p>\n
The Bengaluru-headquartered company \u2013 formerly Umiya Buildcon \u2013 says it is an Indian trusted-source original equipment manufacturer (OEM) and system integrator specialising in telecom and networking solutions for enterprises, telecom operators, government and mission-critical sectors <\/p>\n
Conversely, the homegrown vendor\u2019s revenue from operations rose by 78.3% year-on-year to \u20b918.79 crore in Q2FY27. It had reported revenue from operations of \u20b910.53 crore in the corresponding quarter a year ago. <\/p>\n
The decline in the company\u2019s bottom line was driven by higher finance costs and depreciation, which offset the top-line growth. <\/p>\n
The company operates across three primary segments \u2013 products, real estate, and solutions. It recorded mixed revenue performance across the segments in the July-September quarter of FY27, compared to Q2FY26.<\/p>\n
The products segment grew by 56.86%, with revenue rising from \u20b97.33 crore to \u20b911.50 crore. Conversely, the solutions segment experienced a 30.04% decline, decreasing from \u20b93.96 crore to \u20b92.77 crore, while the real estate segment saw the largest contraction, dropping 64.24% from \u20b912.60 crore to \u20b94.50 crore. <\/p>\n
The company said it continued to invest in research and development, with a focus on indigenous network operating systems and next-generation switching technologies. <\/p>\n
\u201cCustomer engagement across the telecom, enterprise and government sectors remained encouraging, supported by a healthy order pipeline,\u201d MRO-TEK Networks said in its earnings statement. <\/p>\n
\u201cOur Q2FY27 performance highlights the continued momentum in our products business, alongside our focus on execution across business verticals,\u201d said Aniruddha Mehta, CMD, MRO-TEK Networks, adding that the company continues to strengthen its technology capabilities, improving operational efficiencies and advancing our ongoing real estate developments. <\/p>\n
\u201cThe quarter required continued focus on supply chain planning and timely order execution amid volatility in the global electronics industry,\u201d said CS Krishnadas, CEO, MRO-TEK Networks. \u201cGoing forward, we will continue to focus on execution, innovation, and developing networking solutions aligned with evolving customer requirements.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Small-cap company MRO-TEK Networks on Tuesday reported that its fiscal second-quarter (Q2FY27) net profit declined 60.2% year-on-year to \u20b92.30 crore. This compares to a net profit of \u20b95.8 crore in Q2FY26. The Bengaluru-headquartered company \u2013 formerly Umiya Buildcon \u2013 says it is an Indian trusted-source original equipment manufacturer (OEM) and system integrator specialising in telecom and networking solutions for enterprises, telecom operators, government and mission-critical sectors Conversely, the homegrown vendor\u2019s revenue from operations rose by 78.3% year-on-year to \u20b918.79 crore in Q2FY27. It had reported revenue from operations of \u20b910.53 crore in the corresponding quarter a year ago. The decline […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1042919","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1042919"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042919\/revisions"}],"predecessor-version":[{"id":1042920,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042919\/revisions\/1042920"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1042919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1042919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1042919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}