Paras Defence and Space Technologies (PARAS) Q1 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 25/26 earnings summary
20 Oct, 2026Executive summary
Q1 FY26 consolidated revenue from operations was ₹9,319 lakh versus ₹8,357 lakh in Q1 FY25; profit for the period was ₹1,427 lakh versus ₹1,411 lakh.
Unaudited standalone results recorded revenue of ₹8,741 lakh versus ₹7,760 lakh and profit of ₹1,543 lakh versus ₹1,587 lakh in Q1 FY25.
Statutory auditors issued unmodified limited-review conclusions on the standalone and consolidated results.
Financial highlights
Consolidated total income was ₹9,557 lakh versus ₹8,415 lakh; profit before tax was ₹1,945 lakh versus ₹1,950 lakh in Q1 FY25.
Consolidated total expenses were ₹7,605 lakh versus ₹6,463 lakh; finance costs were ₹83 lakh versus ₹153 lakh in Q1 FY25.
Standalone profit before tax was ₹2,061 lakh versus ₹2,125 lakh; total income was ₹9,013 lakh versus ₹7,908 lakh in Q1 FY25.
Segment performance
Consolidated Optics and Optronic Systems revenue was ₹4,250 lakh versus ₹3,857 lakh; segment results were ₹2,212 lakh versus ₹2,322 lakh in Q1 FY25.
Consolidated Defence Engineering revenue was ₹5,069 lakh versus ₹4,500 lakh; segment results were ₹512 lakh versus ₹514 lakh in Q1 FY25.
Standalone Defence Engineering revenue was ₹4,491 lakh versus ₹3,903 lakh; segment results were ₹562 lakh versus ₹581 lakh in Q1 FY25.
Latest events from Paras Defence and Space Technologies
- FY26 revenue reached ₹476.57 Cr as the Mar-26 order book rose to ₹986 Cr.PARAS
Investor presentation - Q3 revenue increased YoY, but consolidated profit fell; Defence Engineering segment results improved.PARAS
Q3 23/24 - FY24 revenue rose, but net profit and operating cash flow weakened as Defence Engineering expanded.PARAS
Q4 23/24 - Revenue rose sharply YoY; consolidated EPS reached Rs 3.81.PARAS
Q1 24/25 - Revenue and profit rose YoY, led by Optics; Defence Engineering results fell.PARAS
Q2 24/25 - Q3 consolidated revenue and profit rose, with Optics leading segment results.PARAS
Q3 24/25 - FY25 profit more than doubled as the board proposed a share split and final dividend.PARAS
Q4 24/25 - Defence Engineering growth lifted earnings, while operating cash outflow and borrowings increased.PARAS
Q2 25/26 - Q3 consolidated revenue was ₹10,635 lakh; a 60%-owned avionics subsidiary is planned.PARAS
Q3 25/26