Paras Defence Q2 earnings: Net profit jumps 50%, revenue rises to ₹106 crore YoY

The Mumbai-based company's revenue from operations jumped 21.4% on a year-on-year (YoY) basis to ₹106 crore in the July to September quarter as against ₹87 crore seen in Q2 FY25.

The company’s net income also increased 21% to ₹108 crore in the reporting quarter from ₹89 crore YoY.

Its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), surged 35% to ₹30 crore as against ₹22 crore in the corresponding period last year. Its EBITDA margin also expanded to 28.2%, in contrast to 25.4% in the year-ago period.

For half a year (H1 FY26), Paras Defence’s net profit rose 22.4% to ₹36 crore as compared to ₹29 crore on a YoY basis. Its revenue from operations for H1 FY26 stood at ₹199 crore as against ₹171 crore in H1 FY25, marking a growth of 16.5%.

Paras Defence share price

Following the earnings, Paras Defence shares were trading higher. At 2:20 PM, the stock was trading at ₹718 apiece on NSE, surging 2.08%. The stock has jumped 4% to an intraday high of ₹732.25 apiece so far on Thursday.

In the last five trading sessions, shares of the defence firm have climbed 10%, while for six months’ time, they have risen over 1%.

Since the beginning of 2025, Paras Defence shares have zoomed 43%.

Shares of the company had touched their one-year high of ₹972.50 apiece on May 19, 2025, while their 52-week low of ₹404.70 was hit on March 3, 2025.

Recent order

This week on November 11, Paras Defence had secured a domestic order worth about ₹35.68 crore from the defence ministry for the supply of portable counter-drone systems (PCDS).

In addition, the company's subsidiary, Paras Anti-Drone Technologies Pvt Ltd, has also received a separate order to the tune of ₹3.95 crore from the defence ministry for radio frequency (RF) jammers (integrated drone detector and jammer).

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.