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Paras Defence and Space Technologies Ltd Q4FY24; 19% 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 Q4FY24 of ₹79.69 Crores up from ₹65.10 Crore year on year, a rise of 22.41%.

Total Expenses for Q4FY24 of ₹73.09 Crores up from ₹52.98 Crores year on year, a rise of 37.96%.

Consolidated Net Profit of ₹9.60 Crores down 18.92% from ₹11.84 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.56, down 7.25% from ₹2.76 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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