Paras Defence and Space Technologies (PARAS) Q3 25/26 earnings summary

Executive summary

• Q3 FY26 consolidated revenue was ₹10,635 lakh and profit after tax was ₹1,685 lakh; 9M revenue was ₹30,526 lakh and profit after tax was ₹5,058 lakh.

• Standalone Q3 revenue was ₹10,083 lakh and profit after tax was ₹1,953 lakh; 9M revenue was ₹29,096 lakh and profit after tax was ₹5,722 lakh.

• Unaudited standalone and consolidated results received limited reviews with unmodified conclusions.

Financial highlights

• Consolidated Q3 revenue ₹10,635 lakh vs ₹8,577 lakh YoY; 9M revenue ₹30,526 lakh vs ₹25,643 lakh.

• Consolidated Q3 profit before tax ₹2,320 lakh vs ₹1,924 lakh YoY; 9M ₹6,923 lakh vs ₹5,690 lakh.

• Consolidated Q3 profit after tax ₹1,685 lakh vs ₹1,385 lakh YoY; 9M ₹5,058 lakh vs ₹4,066 lakh.

• Consolidated EPS ₹2.26 for Q3 vs ₹1.87 YoY; 9M EPS ₹6.67 vs ₹5.55, not annualised.

• Standalone Q3 revenue ₹10,083 lakh vs ₹8,198 lakh YoY; 9M revenue ₹29,096 lakh vs ₹24,369 lakh.

Segment performance

• Consolidated Q3 Optics and Optronic Systems revenue ₹5,840 lakh and results ₹3,301 lakh; Defence Engineering revenue ₹4,795 lakh and results ₹104 lakh.

• Consolidated 9M Optics and Optronic Systems revenue ₹13,934 lakh and results ₹7,378 lakh; Defence Engineering revenue ₹16,592 lakh and results ₹2,302 lakh.

• Standalone Q3 Defence Engineering revenue was ₹4,243 lakh vs ₹3,754 lakh YoY; Optics and Optronic Systems revenue was ₹5,840 lakh vs ₹4,444 lakh.