Paras Defence and Space Technologies' Q2 FY 2026-27 Quarterly Results

Result Summary

• Paras Defence and Space Technologies Ltd reported a 18.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 42.0%.
• Its expenses for the quarter were up by 10.5% QoQ and 38.2% YoY.
• The net profit increased 47.3% QoQ and increased 57.0% YoY.
• The earnings per share (EPS) of Paras Defence and Space Technologies Ltd stood at 3.76 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Paras Defence and Space Technologies Ltd operates within the defense and space technology sector. The company is primarily engaged in the design, development, manufacturing, and testing of a wide range of defense and space engineering products and solutions. Key areas of operation include defense electronics, electromagnetic pulse protection solutions, heavy engineering, and niche technologies. Paras Defence is known for its focus on innovation and technological advancement, aiming to cater to the needs of the Indian defense and space sectors. As of the current period, there are no specific recent major developments available for discussion.

Revenue

During the second quarter of fiscal year 2027 (Q2FY27), Paras Defence and Space Technologies Ltd reported total income of ₹153.34 crores. This reflects an increase of 18.1% on a quarter-over-quarter (QoQ) basis compared to the first quarter of fiscal year 2027 (Q1FY27), where total income was ₹129.85 crores. On a year-over-year (YoY) comparison, there was a significant rise of 42.0% from ₹108.00 crores in the second quarter of fiscal year 2026 (Q2FY26). The company's revenue growth indicates a robust performance over both the quarterly and annual periods, driven by the demand for its specialized products and services.

Profitability

In Q2FY27, Paras Defence and Space Technologies Ltd achieved a profit before tax (PBT) of ₹40.82 crores, demonstrating a substantial QoQ growth of 45.7% from ₹28.02 crores in Q1FY27. The YoY increase in PBT was 53.6% from ₹26.58 crores in Q2FY26. The profit after tax (PAT) for Q2FY27 stood at ₹30.56 crores, marking a QoQ increase of 47.3% from ₹20.74 crores in Q1FY27 and a YoY rise of 57.0% from ₹19.46 crores in Q2FY26. The earnings per share (EPS) also reflected this upward trend, reaching ₹3.76 in Q2FY27 compared to ₹2.63 in Q1FY27 and ₹2.56 in Q2FY26. These figures illustrate the company's improving profitability metrics over the analyzed periods.

Operating Metrics

For Q2FY27, total expenses incurred by Paras Defence and Space Technologies Ltd were ₹112.52 crores, which represents a 10.5% increase from ₹101.83 crores in Q1FY27. Compared to Q2FY26, total expenses rose by 38.2% from ₹81.42 crores. The tax expense for Q2FY27 was ₹10.26 crores, showing an increase of 40.9% QoQ from ₹7.28 crores and 44.1% YoY from ₹7.12 crores. These operating metrics suggest a pattern where the company's expenses and tax obligations have grown alongside its revenue and profits over the specified periods.