Paras Defence and Space Technologies Ltd

The domestic contract is to be executed on or before September 2027, the company said. The order does not involve any related party transaction, and neither the promoter nor promoter group entities have any interest in the awarding entity, it added. 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. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. Shares of Bharat Electronics shed 0.25% to Rs 406.20 on the BSE. Powered by Capital Market - Live

Net profit of Paras Defence and Space Technologies rose 74.34% to Rs 34.38 crore in the quarter ended March 2026 as against Rs 19.72 crore during the previous quarter ended March 2025. Sales rose 58.28% to Rs 171.31 crore in the quarter ended March 2026 as against Rs 108.23 crore during the previous quarter ended March 2025. For the full year,net profit rose 38.81% to Rs 88.10 crore in the year ended March 2026 as against Rs 63.47 crore during the previous year ended March 2025. Sales rose 30.69% to Rs 476.57 crore in the year ended March 2026 as against Rs 364.66 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales171.31108.23 58 476.57364.66 31 OPM %24.8726.14 -25.2626.66 - PBDT49.9230.51 64 131.7198.54 34 PBT45.5326.71 70 114.7683.61 37 NP34.3819.72 74 88.1063.47 39 Powered by Capital Market - Live

Paras Defence & Space Techs. announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Paras Defence & Space Techs. will hold a meeting of the Board of Directors of the Company on 13 May 2026.

Paras Defence and Space Technologies has received an order from DRDO, Ministry of Defence valued at approximately Rs. 7.72 crore (Incl. of Taxes) for development of Ku/C-Band Satellite Communication Phased Array Antennas for airborne applications.

Northstar is a leading company with extensive capabilities and relationship relating to the designs, development, manufacturing, enhancement, and provisioning of the NORTHSTAR aerial (air-to-air) refueling product line, for various airborne platforms Under the terms of the agreement, both parties will collaborate exclusively with each other to develop, facilities and depot level capability to sell and support Northstar product and services to Indian Armed Forces. The agreement is for a period of 10 total years. 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's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26, compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025.

KEI Industries Ltd, Jubilant Pharmova Ltd, Poly Medicure Ltd and Shree Renuka Sugars Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd tumbled 2.73% to Rs 699.45 at 10:53 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.1 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.KEI Industries Ltd lost 2.01% to Rs 4694. The stock was the second biggest loser in 'A' group.On the BSE, 9413 shares were traded on the counter so far as against the average daily volumes of 16060 shares in the past one month.Jubilant Pharmova Ltd crashed 1.97% to Rs 804.7. The stock was the third biggest loser in 'A' group.On the BSE, 6183 shares were traded on the counter so far as against the average daily volumes of 5827 shares in the past one month.Poly Medicure Ltd dropped 1.91% to Rs 1293. The stock was the fourth biggest loser in 'A' group.On the BSE, 3912 shares were traded on the counter so far as against the average daily volumes of 27469 shares in the past one month.Shree Renuka Sugars Ltd fell 1.89% to Rs 24.36. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.3 lakh shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Powered by Capital Market - Live

Jupiter Wagons Ltd, Balrampur Chini Mills Ltd, Shree Renuka Sugars Ltd and Kirloskar Oil Engines Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd crashed 4.83% to Rs 684.4 at 09:57 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.42 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.Jupiter Wagons Ltd tumbled 3.25% to Rs 278.15. The stock was the second biggest loser in 'A' group.On the BSE, 3.11 lakh shares were traded on the counter so far as against the average daily volumes of 6.89 lakh shares in the past one month.Balrampur Chini Mills Ltd lost 2.64% to Rs 479.8. The stock was the third biggest loser in 'A' group.On the BSE, 40105 shares were traded on the counter so far as against the average daily volumes of 38568 shares in the past one month.Shree Renuka Sugars Ltd slipped 2.42% to Rs 24.23. The stock was the fourth biggest loser in 'A' group.On the BSE, 51651 shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Kirloskar Oil Engines Ltd shed 2.28% to Rs 1421.25. The stock was the fifth biggest loser in 'A' group.On the BSE, 9191 shares were traded on the counter so far as against the average daily volumes of 96578 shares in the past one month.Powered by Capital Market - Live

The contract, awarded by a domestic entity, is slated for execution within 18 months from the date of the supply order. The company said the project will enhance its capabilities in advanced defence technologies and strengthen its partnership with DRDO. Paras Defence clarified that neither the promoter nor promoter group companies have any interest in DRDO, and the order does not constitute a related party transaction. 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's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025. Shares of Paras Defence and Space Technologies declined 2.79% to Rs 726.90 on the BSE.Powered by Capital Market - Live

Paras Defence and Space Technologies has received an order from DRDO, Ministry of Defence valued at approximately Rs. 80.28 crore (Incl. of taxes) for development of high precision optical system for air defence applications.Powered by Capital Market - Live