National : Paras Defence and Space Technologies Limited has announced its Q3FY25 financial results, reflecting strong revenue growth & improved profitability. Some of the highlights include:
Key Highlights – Q3FY25 Financial Results
Robust Revenue Growth
- Consolidated Revenue from Operations: ₹8,577 lakhs, a 33.7% YoY increase from ₹6,418 lakhs.
- Nine-month Standalone Revenue: ₹24,369 lakhs, a 45.7% YoY increase.
Strong Profitability
- Consolidated Profit After Tax (PAT): ₹1,385 lakhs, a 136% YoY increase from ₹586 lakhs.
Segment Performance
- Optics & Optronic Systems: Revenue of ₹4,444 lakhs, reflecting strong demand in defence optics.
- Defence Engineering: Revenue of ₹4,133 lakhs, driven by increased order execution.
Leadership & Governance
Re-appointment of Dr. Hina Amol Gokhale as a Non-Executive Independent Director for a second term of five years.