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Paras Defence and Space Technologies Ltd Q3FY24; 28% fall in Profits

Paras Defence and Space Technologies (PDST) is an Private sector company 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.

Financial Results:

Paras Defence and Space Technologies Ltd reported Revenues for Q3FY24 of ₹62.79 Crores up from ₹60.12 Crore year on year, a rise of 4.44%.

Total Expenses for Q3FY24 of ₹53.37 Crores up from ₹51.29 Crores year on year, a rise of 4.06%.

Consolidated Net Profit of ₹7.60 Crores down 27.69% from ₹10.51 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.95, down 27.51% from ₹2.69 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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