Niu Technologies beats top-line estimates; gives Q3 outlook

Shares of Dynamatic Technologies surged 12% on the BSE on Monday following the company's strong Q1 profit jump of 93% year-over-year to Rs 20.79 crore. The aerospace segment led revenue growth, up 17% to Rs 202.25 crore, while hydraulics and metallurgy also posted positive gains. EBITDA and EBIT margins both improved significantly.

CEO Udayant Malhoutra highlighted the company's continued strength in commercial aerospace programs and growing capabilities in complex aerostructure manufacturing. The aerospace outlook remains optimistic due to increasing opportunities in commercial aviation and defense systems. The hydraulics and metallurgy segments also showed positive trends with demand recovery expected in the medium term.

The board approved the unaudited financial results and declared an interim dividend of Rs 3 per share for FY27, payable to shareholders by August 14, 2026.