Astra Microwave Products, specializing in designing and manufacturing subsystems for radio frequency and microwave systems for defense, space, meteorology, and telecommunication, reported a modest dip in financial performance for Q2FY26.
Financial Highlights:
- Revenues declined 6.52% year-on-year to ₹215 crore from ₹230 crore.
- Total expenses fell 4.52% to ₹190 crore from ₹199 crore.
- Consolidated net profit decreased 4.0% to ₹24 crore from ₹25 crore.
- Earnings per share declined 5.62% to ₹2.52 from ₹2.67.
The slight decline in profit was driven by lower revenues partly offset by reduced expenses.
Outlook:
Astra Microwave Products is focusing on expanding its defense and space segment business, enhancing R&D capabilities, and pursuing new contracts to drive future growth. The company remains well-positioned in strategic technology areas to benefit from rising government spending.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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