Paras Defence and Space Technologies reported a 97% YoY increase in Q4 FY25 net profit to ₹19.7 crore and a 35.8% rise in revenue to ₹108.2 crore. EBITDA surged to ₹28.3 crore with margins at 26.2%. The company announced a stock split and a partnership with Israel’s MicroCon Vision Ltd. to enhance drone technology capabilities, and received a license for light machine gun production.
Read more at IIFLAd
Ad