Paras Defence and Space Technologies Ltd

The agreement covers the transfer of technology for the Driver Night Sight (DNS) system used in T-90 tanks. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company reported a 48.9% jump in consolidated net profit to Rs 20.64 crore on 21.4% increase in revenue from operations to Rs 105.72 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Paras Defence and Space Technologies has signed licensing agreement with Defence Research & Development Organisation (DRDO), Ministry of Defence for transfer of technology of Driver Night Sight (DNS) for T-90 Tank. Powered by Capital Market - Live

IUAC is an autonomous institute under the University Grants Commission, Ministry of Education. It conducts particle-accelerator-based research and development. Under the MoU, Paras Defence and IUAC will jointly develop a commercial-grade MRI magnet system. The collaboration aims to enable indigenous manufacturing of superconducting MRI magnet technology. The companies said the project supports India's push toward self-reliance under Aatma Nirbhar Bharat. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company reported a 48.9% jump in consolidated net profit to Rs 20.64 crore on 21.4% increase in revenue from operations to Rs 105.72 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Paras Defence and Space Technologies has signed a Memorandum of Understanding (MoU) with Inter- University Accelerator Centre (IUAC), New-Delhi. Inter- University Accelerator Centre (IUAC), New-Delhi is an autonomous Institute under the University Grants Commission (UGC), Ministry of Education (MoE), Government of India (GOI), and carries out particle accelerator based basic research and development. PARAS and IUAC will combine their respective capabilities in order to develop commercial- grade MRI magnet system for indigenous manufacturing in the country to make India a Self-Reliant in superconducting MRI Magnet technology, thus nurturing Aatma Nirbhar Bharat.Powered by Capital Market - Live

The order, awarded by a domestic government entity, is scheduled for execution between August and September 2026. The contract is not a related party transaction, and the promoter group has no interest in DRDO. This deal marks a significant milestone for Paras Defence, reinforcing its position in indigenous defence manufacturing and advanced submarine technologies. Paras Defence and Space Technologies (PDST) is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company reported a 48.9% jump in consolidated net profit to Rs 20.64 crore on 21.4% increase in revenue from operations to Rs 105.72 crore in Q2 FY26 over Q2 FY25. Shares of Paras Defence and Space Technologies fell 1.19% to Rs 756.80 on the BSE. Powered by Capital Market - Live

Paras Defence and Space Technologies has received an order from IRDE-DRDO, Ministry of Defence, Government of India valued at approximately Rs. 71.68 crore (Incl. GST) for supply of two Optronic Periscopes for submarine application.Powered by Capital Market - Live

Profit before tax (PBT) climbed 46.4% YoY to Rs 26.58 crore in Q2 FY26. Total expenses increased 15.34% to Rs 81.42 crore in Q2 FY26, compared with Rs 70.59 crore posted in corresponding quarter last year. Cost of material consumed stood at Rs 36.47 crore (up 22.34% YoY), employee benefit expenses was at Rs 11.07 crore (up 20.72% YoY), while finance cost stood at Rs 1.20 crore (down 53.12% YoY) during the period under review. On segmental front, revenue from Defence Engineering jumped 40.72% YoY to Rs 67.28 crore, while revenue from optics and optronics Systems segment declined 2.14% YoY to Rs 38.44 crore during the quarter. On half-yearly basis, the company's consolidated net profit jumped 23.69% to Rs 35.51 crore on 16.55% increase in revenue from operations to Rs 198.91 crore in H1 FY26 over H1 FY25. Paras Defence and Space Technologies (PDST) is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions.Powered by Capital Market - Live

Net profit of Paras Defence and Space Technologies rose 48.92% to Rs 20.64 crore in the quarter ended September 2025 as against Rs 13.86 crore during the previous quarter ended September 2024. Sales rose 21.39% to Rs 105.72 crore in the quarter ended September 2025 as against Rs 87.09 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales105.7287.09 21 OPM %28.0826.11 - PBDT30.7721.85 41 PBT26.5818.16 46 NP20.6413.86 49 Powered by Capital Market - Live

Paras Defence and Space Technologies has received an order from Ministry of Defence, Government of India valued at approximately Rs. 35.68 crore (Incl GST) for Portable CounterDrone Systems (PCDS) (Anti-Drone).Powered by Capital Market - Live

Paras Anti-Drone Technologies, a Subsidiary of Paras Defence and Space Technologies, has received an order from Ministry of Defence, Government of India valued at approximately Rs. 3.95 crore (incl GST) for Anti-Drone Systems such as Radio Frequency (RF) Jammers. Powered by Capital Market - Live