Paras Defence & Space Technologies reports flat growth in Q1; net profit comes in at ₹14.87 crore

Paras Defence & Space Technologies, a defence equipment maker announced its first quarterly results for FY26 on Friday, 25th July, 2025. The consolidated net profit stood at ₹14.87 crore in Q1 FY26, up 0.13% from ₹14.85 crore a year back.

The company’s revenue from operations advanced 11.51% to ₹93.19 crore as against ₹83.57 crore in the same period of the previous year. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) dropped 8.7% from the same period last year to ₹22 crore, with margins shrinking by over 500 basis points to 23.6% from 28.8%.

The company reported a decline in revenue by 13.89% compared to the previous quarter. Total income stood at ₹95.57 crore, up 13.57% from the same period last year but down 15.77% quarter-on-quarter.

Quarterly expenses totaled ₹76.05 crore, reflecting a 17.67% increase from the year-ago period. Profit before tax was ₹19.45 crore, marginally lower than ₹19.50 crore recorded in the same quarter last year and 27.17% lower than the previous quarter. Net profit for the quarter was ₹14.27 crore, showing a slight 1.13% year-on-year growth but a 31.49% drop quarter-on-quarter.

Paras Defence and Space Technologies reported a consolidated net profit of ₹19.72 crore for the quarter ended March 31, 2025 (Q4 FY25) on Wednesday, April 30. This translates to an increase of 97.79% year-on-year (YoY) against the ₹9.97 crore profit logged in the year-ago period. Revenue rose 35.8% to ₹108.23 crore, while total income climbed 31.8% to ₹112.28 crore. The board approved a 1:2 stock split and proposed a ₹0.50 final dividend per ₹5 share.

Shares of Paras Defence and Space Technologies closed 3.56% lower at ₹780.80 apiece on the NSE.