Paras Defence Q1 results: Net profit grows 40% YoY; board fixes record date for dividend payout

The Mumbai-based company's revenue from operations jumped 38% on a year-on-year (YoY) basis to ₹128 crore in the April to June quarter as against ₹93 crore seen in Q1 FY26.

The company’s net income also increased 36% to ₹12,985 crore in the reporting quarter from ₹9,557 crore YoY.

Its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), surged 44% to ₹32 crore as against ₹22 crore in the corresponding period last year.

Its EBITDA margin expanded to 24.77% in contrast to 23.66% in the year-ago period.

Stake divestment

In a separate filing, Paras Defence said its board of directors has approved a proposal to divest the company’s entire 47.50% equity stake in its associate, Krasny Paras Defence Technologies Private Limited, comprising 5,22,500 equity shares of face value ₹10 each.

Following the completion of this transaction, Krasny Paras Defence Technologies Private Limited will cease to be an associate of the company.

Record date for dividend payment

Along with the earnings, Paras Defence board also said it has fixed August 28, 2026, as the record date to determine the eligibility of shareholders for the payment of the final dividend for the financial year 2025–26.

This follows its earlier update from the firm regarding the recommendation of a final dividend of ₹1 per equity share of face value ₹5 each.

“Upon approval of shareholders, the Final Dividend will be paid (subject to deduction of tax at source) to the shareholders within 30 days from the date of AGM to those members/ beneficial owners whose names appear in the register of members/ depository records as at close of business hours on Friday, August 28, 2026,” the company said in a separate regulatory filing.

Paras Defence share price

On Friday, Paras Defence shares settled at ₹1,277.1 apiece on NSE, falling 3.01%. The earnings, however, came after the market hours.

Over a month’s time, the stock has fallen 2%, while it has surged 90% in the last six months. From the beginning of the year, Paras Defence shares have rallied 86%.

Shares of the firm had hit a 52-week high of ₹1,443 on June 19, 2026, and a 52-week low of ₹580.50 on March 23, 2026.

According to NSE data, as of August 7, 2026, Paras Defence has a total market capitalisation of ₹10,274.08 crore.

About Paras Defence

Paras Defence & Space Technologies is one of the key names in India’s defence and space landscape. With a focus on the defence and space sector, the company has two verticals of its business, namely optics & optronic systems and defence engineering (comprising defence electronics, EMP protection solutions & heavy engineering).

Paras Defence is involved in technologies for rockets & missiles, space & space research, naval systems, land & armoured vehicles, and electronic warfare & surveillance and electromagnetic shielding, to name a few.