The board of Paras Defence and Area Applied sciences on Wednesday introduced a inventory cut up within the ratio of 1:2, whereas asserting its outcomes for the fourth quarter of FY25. The corporate has additionally introduced an interim dividend for its shareholders. The corporate made the announcement by way of a regulatory submitting after the marketsclosed.
Paras Defence and Area Applied sciences Ltd., the producer of defence gear, reported its March quarter outcomes after market closing hours on Wednesday, April 30. The corporate’s internet revenue practically doubled from the identical quarter final 12 months. Paras Defence reported a 97% soar in its internet revenue to ₹19.7 crore from the ₹10 crore bottomline it reported throughout the identical quarter final 12 months.
Income for the corporate went up by 35.8% from the year-ago interval to ₹108.2 crore. Topline for final 12 months’s quarter stood at ₹79.7 crore.
Paras Defence’s Earnings Earlier than Curiosity, Tax, Depreciation and Amortisation (EBITDA) stood at ₹28.3 crore from ₹3.4 crore final 12 months, whereas margins expanded by practically 10 share factors to 26.2% from 15.6% final 12 months.
