2/5/2025, 9:41:02 am

Paras Defence shares in focus after Q4 profit surges 97% YoY

Paras Defence reported a 97% YoY increase in Q4 net profit to Rs 19.7 crore and a 36% rise in revenue to Rs 108.2 crore. EBITDA surged to Rs 28.3 crore with a 26.2% margin. The company announced a stock split and a partnership with Israel-based MicroCon Vision to strengthen India’s defence and drone technology ecosystem. Shares closed at Rs 1,365, up 36% year-to-date.