Paras Defence Q1 PAT jumps 22% YoY to Rs 21 cr
Mumbai, Aug. 7 -- Profit before tax (PBT) jumped 44.06% YoY to Rs 28.02 crore in Q1 FY27.
Total expenses increased 33.89% YoY to Rs 101.83 crore in Q1 FY27 from Rs 76.05 crore in the corresponding quarter last year. Cost of materials consumed stood at Rs 65.91 crore, up 85.92% YoY, while employee benefit expenses rose 30.76% YoY to Rs 15.09 crore. Finance cost increased 61.44% YoY to Rs 1.34 crore during the period under review.
On a segmental basis, revenue from the Optics and Optronics Systems segment jumped 62.11% YoY to Rs 68.90 crore, while revenue from the Defence Engineering segment rose 16.41% YoY to Rs 59.01 crore during the quarter.
Paras Defence and Space Technologies (PDST) is a private-sector company primarily engaged in d...
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