Paras Defence & Space Technologies , a key player in the defence and space technology sector, has reported strong financial performance and completed a significant corporate governance milestone with overwhelming shareholder support.

Financial Performance Highlights

The company's consolidated financial results for Q2 showcase robust growth across key metrics:

Shareholder Approval for Director Reappointment

The company has successfully concluded its postal ballot process for the reappointment of Mr. Suresh Katyal as Non-Executive Independent Director. The voting results demonstrate strong shareholder confidence:

The postal ballot process was conducted through remote e-voting from November 20 to December 19, 2025, with Mr. Dinesh Kumar Deora serving as the scrutinizer.

Corporate Governance Enhancement

Mr. Suresh Katyal's reappointment as Non-Executive Independent Director for a second five-year term, effective January 5, 2026, reinforces the company's commitment to strong corporate governance. The overwhelming shareholder support reflects confidence in the leadership team's strategic direction.

Business Operations

Paras Defence continues to demonstrate strong operational performance across its key business segments:

• Optics and Optronic Systems
• Defence Engineering

The company's ability to achieve 38% revenue growth and 31% increase in net profit underscores its robust market position in the evolving defence and space technology landscape.

Paras Defence & Space Technologies Limited has announced significant order wins from the Ministry of Defence, Government of India. The company has been awarded contracts totaling ₹39.63 crores for counter-drone systems, marking a notable development in India's defense technology sector.

Order Details

Strategic Implications

These orders underscore the growing importance of counter-drone technology in modern defense strategies. As unmanned aerial vehicles (UAVs) become more prevalent in both civilian and military applications, the need for effective counter-measures has increased significantly.

Company's Recent Activities

Paras Defence has secured two separate orders:

1. A ₹35.68 crore order for Portable Counter-Drone Systems awarded to Paras Defence and Space Technologies Limited.
2. A ₹3.95 crore order for RF Jammers (Integrated Drone Detector Jammer) awarded to its subsidiary, Paras Anti-Drone Technologies Private Limited.

Notably, these represent the company's second and third engagements with the Ministry of Defence within a two-month period, highlighting the company's growing presence in the defense technology sector.

Execution Timeline

Both orders have the same execution timeline, with completion expected by May 2026.

Alignment with National Initiatives

These orders are part of India's expanding counter-UAV ecosystem and align with the government's Atmanirbhar Bharat vision for self-reliance in defence technology.

The consecutive order wins demonstrate Paras Defence's growing footprint in the defense technology sector, particularly in the critical area of counter-drone systems. As geopolitical tensions and technological advancements continue to shape defense strategies worldwide, companies like Paras Defence are positioning themselves at the forefront of this evolving landscape.

The successful execution of these orders could potentially strengthen Paras Defence's position in the defense technology market and may lead to further opportunities in this specialized sector.