Paras Defence and Space Technologies (PARAS) Q3 24/25 earnings summary

Executive summary

• Q3 consolidated revenue was Rs 8,577 lakh and profit for the period was Rs 1,385 lakh, versus Rs 6,418 lakh and Rs 586 lakh YoY; limited reviews carried unmodified conclusions.

Financial highlights

• Consolidated 9M revenue was Rs 25,643 lakh and profit for the period Rs 4,066 lakh, versus Rs 17,381 lakh and Rs 2,043 lakh in 9M FY24.

• Standalone Q3 revenue was Rs 8,198 lakh and profit Rs 1,657 lakh, versus Rs 6,279 lakh and Rs 760 lakh YoY.

• Standalone 9M revenue was Rs 24,369 lakh and profit Rs 4,804 lakh, versus Rs 16,731 lakh and Rs 2,390 lakh in 9M FY24.

Segment performance

• Consolidated Q3 Optics and Optronic Systems revenue was Rs 4,444 lakh versus Rs 1,615 lakh YoY; segment results were Rs 2,619 lakh versus Rs 540 lakh.

• Consolidated Q3 Defence Engineering revenue was Rs 4,133 lakh versus Rs 4,803 lakh YoY; segment results were Rs 19 lakh versus Rs 1,152 lakh.

• Consolidated 9M Optics revenue was Rs 12,229 lakh and segment results Rs 7,008 lakh; Defence Engineering revenue was Rs 13,414 lakh and results Rs 1,140 lakh.