Paras Defence Q1 results: Net profit rises marginally to Rs 14 crore, revenue up 11% YoY
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The board of Paras Defence and Space Technologies on Friday declared their results for the first quarter ended June 30, 2025, posting a marginal 1.1% YoY rise in its consolidated profit after tax (PAT) at Rs 14.27 crore, up from Rs 14.11 crore in the year-ago period.The revenue from operations witnessed an 11.5% YoY surge at Rs 93.19 crore, against Rs 83.57 crore in the corresponding period of the previous financial year.Sequentially, the company's PAT dropped significantly by 31.5%, down from Rs 20.83 crore for the quarter ended March 31, 2025.Segment wise, for the quarter ended June 30, 2025, the Optics and Optronic Systems segment reported a revenue of Rs 42.50 crore, increasing from Rs 38.57 crore recorded in the same period last year. Meanwhile, the Defense Engineering segment posted a revenue of Rs 50.60 crore in Q1 FY26, compared to Rs 45 crore in the corresponding quarter of the previous year.The Opties & Optronic Systems segment includes the manufacturing of optical components and sub-systems such as space optics, gratings, mirrors, and infrared lenses used in night vision devices. It also involves opto-mechanical assemblies and precision diamond-turned components. Additionally, it covers the development of opto-electronic systems including submarine periscopes and hyperspectral cameras, along with EO/IR (Electro-Optical/Infra-Red) systems.The Defence Engineering segment consists of three primary areas. First, it includes defence electronics such as automation and control systems, rugged command and control consoles, and avionic suites. Second, it covers heavy engineering activities like the production of flow-formed rockets, missile motor tubes, electromechanical assemblies, remote-controlled border defence systems, and execution of turnkey projects. Lastly, the segment also focuses on delivering Electromagnetic Pulse (EMP) protection solutions.Meanwhile, the defence company's total expenses also witnessed a surge, advancing 17.7% YoY to Rs 76.05 crore.The results of Paras Defence and Space Technologies were announced during the market hours on Friday, post which, the stock tumbled and was trading 3.8% lower at Rs 778.75 on the BSE.
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