Paras Defence and Space Technologies (PARAS) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated revenue was Rs. 15,112 lakh and profit attributable to owners was Rs. 3,030 lakh; both exceeded the year-ago quarter’s reported figures.

• Board approved unaudited standalone and consolidated Q2/H1 results; statutory auditors issued unmodified limited-review conclusions.

Financial highlights

• Q2 consolidated revenue from operations was Rs. 15,112 lakh vs Rs. 10,572 lakh YoY; H1 revenue was Rs. 27,903 lakh vs Rs. 19,891 lakh.

• Q2 consolidated profit before tax was Rs. 4,082 lakh vs Rs. 2,658 lakh YoY; H1 PBT was Rs. 6,884 lakh vs Rs. 4,603 lakh.

• Q2 consolidated net profit was Rs. 3,056 lakh vs Rs. 1,946 lakh YoY; profit attributable to owners was Rs. 3,030 lakh vs Rs. 2,064 lakh.

• H1 consolidated net profit was Rs. 5,130 lakh vs Rs. 3,373 lakh; profit attributable to owners was Rs. 5,152 lakh vs Rs. 3,551 lakh.

• Consolidated basic EPS was Rs. 3.76 in Q2 vs Rs. 2.56 YoY; H1 EPS was Rs. 6.39 vs Rs. 4.41.

Segment performance

• Optics and Optronic Systems Q2 revenue was Rs. 7,465 lakh vs Rs. 3,844 lakh YoY; segment results were Rs. 4,501 lakh vs Rs. 1,865 lakh.

• Defence Engineering Q2 revenue was Rs. 7,647 lakh vs Rs. 6,728 lakh YoY; segment results were Rs. 688 lakh vs Rs. 1,686 lakh.

• H1 Optics revenue/results were Rs. 14,355 lakh/Rs. 7,143 lakh vs Rs. 8,094 lakh/Rs. 4,077 lakh; Defence Engineering was Rs. 13,548 lakh/Rs. 1,908 lakh vs Rs. 11,797 lakh/Rs. 2,198 lakh.