Paras Defence and Space Technologies (PARAS) Q2 24/25 earnings summary

Executive summary

• Q2 FY25 consolidated revenue rose to Rs 8,709 lakh from Rs 6,131 lakh YoY; profit for the period was Rs 1,270 lakh versus Rs 876 lakh.

• H1 FY25 consolidated revenue was Rs 17,066 lakh and profit was Rs 2,681 lakh, compared with Rs 10,963 lakh and Rs 1,457 lakh in H1 FY24.

Financial highlights

• Standalone Q2 revenue was Rs 8,411 lakh versus Rs 5,980 lakh YoY; profit was Rs 1,560 lakh versus Rs 1,010 lakh.

• Standalone H1 revenue was Rs 16,171 lakh versus Rs 10,452 lakh; profit was Rs 3,147 lakh versus Rs 1,630 lakh YoY.

• Consolidated Q2 PBT was Rs 1,816 lakh versus Rs 1,217 lakh; H1 PBT was Rs 3,766 lakh versus Rs 2,000 lakh YoY.

• Consolidated Q2 profit attributable to owners was Rs 1,386 lakh versus Rs 942 lakh; H1 was Rs 2,871 lakh versus Rs 1,543 lakh YoY.

Segment performance

• Consolidated Optics and Optronic Systems Q2 revenue was Rs 3,928 lakh versus Rs 2,249 lakh; segment results were Rs 2,067 lakh versus Rs 1,126 lakh YoY.

• Consolidated Defence Engineering Q2 revenue was Rs 4,781 lakh versus Rs 3,882 lakh; segment results were Rs 607 lakh versus Rs 968 lakh YoY.

• H1 Optics and Optronic Systems revenue was Rs 7,785 lakh versus Rs 4,163 lakh, with segment results of Rs 4,389 lakh versus Rs 2,275 lakh YoY.

• H1 Defence Engineering revenue was Rs 9,281 lakh versus Rs 6,800 lakh; segment results were Rs 1,121 lakh versus Rs 1,335 lakh YoY.