Paras Defence & Space Technologies , a key player in the defence and space technology sector, has announced a final dividend and released its financial results for the first quarter, showcasing robust performance across its business segments.

Dividend Announcement

The company has set August 8, 2025, as the record date for determining shareholder eligibility for a final dividend of Rs 0.50 per equity share for the financial year 2024-25. This dividend, which represents a 10% return on the face value of Rs 5 per share, is subject to shareholder approval at the upcoming 16th Annual General Meeting (AGM) scheduled for August 21, 2025. Once approved, the dividend will be paid within 30 days of the AGM, subject to applicable tax deductions at source.

Q1 Financial Highlights

For the quarter ended June 30, Paras Defence reported impressive financial results:

The company's revenue from operations grew by 11.51% year-over-year, reaching Rs 9,319 lakhs in Q1. Despite a marginal decrease in profit before tax, net profit showed a slight increase of 1.13% compared to the same quarter last year.

Segment Performance

Paras Defence operates in two main segments:

1. Optics and Optronic Systems: This segment generated revenue of Rs 4,250 lakhs in Q1.
2. Defence Engineering: This segment contributed Rs 5,069 lakhs to the total revenue.

Both segments demonstrated strong results, with Defence Engineering showing particularly robust growth.

Management Commentary

Shilpa Mahajan, Whole Time Director of Paras Defence & Space Technologies, commented on the results, stating, "Our Q1 performance reflects the strength of our diverse portfolio and our ability to deliver innovative solutions in the defence and space technology sectors. The proposed dividend underscores our commitment to delivering value to our shareholders while maintaining a strong financial position for future growth."

Future Outlook

With a strong order book and continued focus on research and development, Paras Defence is well-positioned to capitalize on the growing opportunities in the defence and space technology markets. The company's investment in employee stock options and successful capital raising through a Qualified Institutional Placement (QIP) in the previous year further strengthen its foundation for sustained growth.

As Paras Defence continues to expand its capabilities in optical systems, defence electronics, and heavy engineering, it remains a company to watch in the evolving landscape of India's defence technology sector.

Paras Defence & Space Technologies Limited , a key player in the defence and space technology sector, has released its financial results for the first quarter, showcasing revenue growth amid margin pressures.

Financial Performance

The company reported a standalone revenue from operations of ₹8,741.00 lakhs for Q1, compared to ₹7,760.00 lakhs in the same quarter last year, representing a year-over-year growth of approximately 12.64%. Despite the revenue increase, the standalone profit for the quarter slightly decreased to ₹1,543.00 lakhs, compared to ₹1,587.00 lakhs in the previous year's quarter.

Annual General Meeting and Dividend

Paras Defence has scheduled its 16th Annual General Meeting (AGM) for August 21. The company has fixed August 8 as the record date for dividend eligibility. The Board of Directors has recommended a final dividend of ₹0.50 per equity share (10%) for the financial year ended March 31, subject to shareholder approval at the AGM.

Board Approvals

In addition to approving the unaudited financial results, the Board has also given its approval for material related party transactions with the associate company Controp-Paras Technologies Private Limited. Furthermore, the Board has approved the re-appointment of Mr. Sharad Virji Shah as a director of the company.

Conclusion

Paras Defence's latest financial results demonstrate revenue growth in a challenging environment. The company's upcoming AGM and dividend announcement, along with its board approvals, indicate ongoing corporate activities. Stakeholders will likely continue to monitor the company's performance and strategic decisions in the defence and space technology sector.