{"id":177390,"date":"2026-01-23T08:24:52","date_gmt":"2026-01-23T13:24:52","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177390"},"modified":"2026-01-23T08:24:55","modified_gmt":"2026-01-23T13:24:55","slug":"paras-defence-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/paras-defence-q3-fy26-earnings-results\/","title":{"rendered":"Paras Defence Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>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 &#8211; Defence &amp; Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions.<\/p>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<p>Paras Defence delivered robust 24% YoY revenue growth in Q3 FY26 with 21% PAT increase, though margins contracted sequentially on cost pressures.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations<\/strong>: \u20b9106.35 crore, up 24.0% YoY from \u20b985.77 crore; up 0.6% QoQ from \u20b9105.72 crore.<\/li>\n\n\n\n<li><strong>Operating Profit<\/strong>: \u20b926.22 crore, operating margin 24.65% (down 343 bps QoQ from 28.08%).\u200b<\/li>\n\n\n\n<li><strong>PBDT<\/strong>: \u20b927.59 crore, up 20% YoY from \u20b923.03 crore.\u200b<\/li>\n\n\n\n<li><strong>PBT<\/strong>: \u20b923.20 crore, up 21% YoY from \u20b919.24 crore.\u200b<\/li>\n\n\n\n<li><strong>Profit After Tax (PAT)<\/strong>: \u20b918.21 crore, up 21.1% YoY from \u20b915.04 crore; down 11.8% QoQ from \u20b920.64 crore.<\/li>\n\n\n\n<li><strong>9M FY26<\/strong>: Revenue \u20b9305.26 crore (up 19% YoY); PAT \u20b953.85 crore (up 34% YoY).\u200b<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26<\/strong><\/h2>\n\n\n\n<p>Growth driven by Optics\/Optronics (\u20b958.4 crore, up 52% QoQ); margins pressured by input costs, ESOP\/gratuity charges.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Subsidiary<\/strong>: Approved Paras Avionics Pvt Ltd for avionics\/aerospace focus.\u200b<\/li>\n\n\n\n<li><strong>Outlook<\/strong>: <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/cfbd6adb-9865-41e1-9534-3a7911e7d4fc.pdf\" target=\"_blank\" rel=\"noopener\">Order book robust<\/a>; margin levers in place.\u200b<\/li>\n<\/ul>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations<\/strong>: \u20b9105.72 crore, up 21.4% YoY from \u20b987.09 crore; up 13.5% QoQ from \u20b993.19 crore (record quarterly revenue).<\/li>\n\n\n\n<li><strong>Operating Margin<\/strong>: 28.08% (up from 23.55% QoQ).\u200b<\/li>\n\n\n\n<li><strong>Profit After Tax (PAT)<\/strong>: \u20b920.64 crore, up 48.9% YoY from \u20b913.87 crore; up 38.8% QoQ from \u20b914.87 crore (highest quarterly PAT).<\/li>\n\n\n\n<li><strong>H1 FY26<\/strong>: Revenue \u20b9198.91 crore (up 16.6% YoY); PAT \u20b935.51 crore (up 23.7% YoY).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Directions \u2013 Q2 FY26<\/strong><\/h2>\n\n\n\n<p>Defence Engineering revenue up 41% YoY to \u20b967.3 crore; Optics\/Optronics flat YoY at \u20b938.4 crore.<\/p>\n\n\n\n<p>\u200bTo view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8211; Defence &amp; Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions. Q3 FY26 Earnings [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[8532],"class_list":["post-177390","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146302,"url":"https:\/\/alphastreet.com\/india\/paras-defence-space-tech-q4fy23-earnings\/","url_meta":{"origin":177390,"position":0},"title":"Paras Defence &#038; Space Tech. Q4FY23 Earnings","author":"Karan_Singh","date":"May 16, 2023","format":false,"excerpt":"A private corporation called Paras Defence and Space Technologies (PDST) specialises in designing, developing, producing, and testing a range of defence and space engineering goods and services. Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse Protection Solutions are the company's four main business sectors. Financial Results: Paras\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/scott-blake-x-ghf9LjrVg-unsplash-1-1.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":162383,"url":"https:\/\/alphastreet.com\/india\/paras-defence-and-space-technologies-ltd-q4fy24-19-fall-in-profits\/","url_meta":{"origin":177390,"position":1},"title":"Paras Defence and Space Technologies Ltd Q4FY24; 19% fall in Profits","author":"Chirag Gupta","date":"June 20, 2024","format":false,"excerpt":"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. 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The company also maintains a niche presence in the civilian electronics market, contributing to India\u2019s strategic and technological capabilities. Q1 FY26 Earnings Summary (Apr\u2013Jun 2025) Revenue:\u00a0\u20b94,440\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-14.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177390"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177390\/revisions"}],"predecessor-version":[{"id":177391,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177390\/revisions\/177391"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}