20 hours Ago By Sreshti Srinivasan
Paras Defence and Space Technologies Ltd.'s consolidated net profit doubled during the quarter ended March 31, 2025, according to an exchange filing on Wednesday.The company's net profit surged to Rs 20.
8 crore for the fourth quarter of fiscal 2025 as compared to Rs 9.6 crore for the same period last year.The defence engineering firm's revenue soared 36% to Rs 108.
2 crore for the quarter under review from Rs 79.7 crore for the year-ago period.Paras Defence Q4 FY25 Highlights (Consolidated, YoY)Revenue up 36% to Rs 108.
2 crore versus Rs 79.7 crore.Net profit up 117% to Rs 20.
8 crore versus Rs 9.6 crore.Ebitda up 127% to Rs 27.
9 crore versus Rs 12.3 crore.Margin expands to 25.
8% versus 15.4%.Bandhan Bank Q4 Results: Profit Surges Nearly Sixfold On Falling Provisions, But Misses EstimatesDividend Paras Defence recommended a final dividend of Rs 0.
50 per share at a face value of Rs 5 each for the fiscal ended March 31, 2025.The company will announce the record date for the dividend and the date of the annual general meeting for fiscal 2025 in due course.Exide Industries Q4 Results: Profit Dips 10%, Margin ContractsShares of Paras Defence and Space Technologies closed 1.
63% higher at Rs 1,359.55 apiece on the NSE, compared to a 0.01% fall in the benchmark Nifty 50.
The stock has risen 87.16% in the last 12 months and 34.85% on a year-to-date basis.
An analyst tracking the company recommends a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price target implies a potential downside of 2.2%.
Q4 Results Live: Paras Defence Doubles; Bandhan Bank Profit At Rs 317.9 Crore. Read more on Earnings by NDTV Profit.
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