New Delhi, May 26 -- Shares of Astra Microwave Products, a defence manufacturing company, jumped 12.5% in Tuesday's intraday session, May 26, reacting positively to the company's March quarter results and hitting a fresh record high of Rs.1,379 apiece.

For the March-ended quarter, the company reported a consolidated net profit of Rs.106 crore, marking a sharp 44% jump from Rs.73.5 crore reported in the same period last year. Revenue from operations during the reporting quarter rose to Rs.488.24 crore, up 19.6% from Rs.408 crore reported in the corresponding quarter of the previous financial year.

Revenue also came in significantly higher, rising 88% compared to Rs.240 crore reported in the December quarter. In terms of operating profita...