Astra Microwave Products Reports Strong Q1 FY26 Results, Plans Investment in Advanced Defense Systems 12 hours ago Yesterday
Astra Microwave Products Limited reported robust Q1 FY26 financial results with significant growth in revenue and profitability. Standalone revenue increased by 28.1% to Rs. 197.00 crores, while net profit surged 148.1% to Rs. 13.00 crores. The company announced plans to invest in advanced radar, electronic warfare, and communication systems. With a strong order book of Rs. 1,891.00 crores and a recent Rs. 135.00 crore order from DRDO, Astra Microwave is well-positioned for future growth. The company also made several corporate governance updates, including the appointment of new secretarial auditors and scheduling of the Annual General Meeting.
Astra Microwave Secures Initial Approvals for ₹174 Crore Convertible Warrants Issue Jun 19, 2025
More news about Astra Microwave Products
22May 25
Astra Microwave Products Reports Strong Q4 Performance, FY25 Revenue Falls Short of Guidance
Astra Microwave Products announced Q4 FY25 results with revenue up 15.80% to ₹4,100.00 crore, EBITDA up 48.70% to ₹1,200.00 crore, and net profit up 35.10% to ₹735.00 crore. EBITDA margin improved to 29.31%. However, FY25 revenue of ₹10,500.00 crore fell short of ₹12,000.00 crore guidance. The company declared a dividend of ₹2.20 per share for FY25.
Astra Microwave Products Ltd., a key player in India's defense and aerospace industry, has announced plans to issue convertible warrants worth ₹174.00 crore. While specific details about the terms, purpose, and timeline are yet to be disclosed, this move could potentially be aimed at raising capital for operations, expansion, strategic investments, or debt restructuring. The market's response to this development is anticipated as investors await further information about the warrant issuance.