Paras Defence and Space Technologies (PARAS) Q1 24/25 earnings summary

Executive summary

• Q1 FY25 consolidated revenue from operations rose to Rs 8,357 lakh from Rs 4,832 lakh YoY; profit attributable to owners was Rs 1,485 lakh.

• Standalone revenue from operations was Rs 7,760 lakh and profit for the quarter was Rs 1,587 lakh.

Financial highlights

• Consolidated PBT was Rs 1,950 lakh vs Rs 783 lakh YoY; total income was Rs 8,415 lakh vs Rs 4,926 lakh.

• Standalone PBT was Rs 2,125 lakh vs Rs 817 lakh YoY; total income was Rs 7,908 lakh vs Rs 4,570 lakh.

• Consolidated EPS was Rs 3.81 vs Rs 1.54 YoY; standalone EPS was Rs 4.07 vs Rs 1.59.

Segment performance

• Consolidated Optics and Optronic Systems revenue was Rs 3,857 lakh vs Rs 1,914 lakh YoY; segment results were Rs 2,322 lakh vs Rs 1,191 lakh.

• Consolidated Defence Engineering revenue was Rs 4,500 lakh vs Rs 2,918 lakh YoY; segment results were Rs 514 lakh vs Rs 254 lakh.

• Standalone Defence Engineering revenue was Rs 3,903 lakh vs Rs 2,558 lakh YoY; segment results were Rs 581 lakh vs Rs 250 lakh.