During the quarter under review, the space and defence company reported a net profit of Rs 21 crore, up 50% from the Rs 14 crore reported in the same quarter of the previous financial year, the company said in a regulatory filing on Thursday, 13 November.
Paras Defence’s revenue from operations also witnessed an uptick to Rs 106 crore, marking an impressive 22% jump from Rs 87 crore posted in the corresponding quarter of the previous financial year.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) came in at Rs 30 crore, rising 32% year-on-year from Rs 22.7 crore, supported by improved operational efficiency and tighter cost control. The EBITDA margin widened to 28.3% from 26.1% a year ago, signalling stronger profitability.
In a separate development on 11 November, the company announced that it secured a major domestic order worth approximately Rs 35.68 crore from the Ministry of Defence, Government of India, for the supply of Portable Counter-Drone Systems (PCDS). The order, scheduled for execution by May 2026, represents a key milestone for the company as the need for advanced counter-UAV technologies has witnessed increasing demand in the country’s defence ecosystem.
In addition to this, a subsidiary of Paras Defence and Space Technologies Ltd also received a separate order valued at Rs 3.95 crore for Radio Frequency Jammers.At about 11:40 pm, shares of the company were trading at Rs 787, higher by 9.5% from the last close on the NSE. Paras Defence shares have been on an impressive run, rallying nearly 60% since the beginning of the year. Also read: Groww market cap inches closer to Rs 1 lakh crore, stock soars 17%
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