Paras Defence shares plunge 13% in 2 days on lackluster Q1 earnings – News Air Insight

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Shares of Paras Defence and Space Technologies fell 10% on Monday, hitting a low of Rs 704.70 on the NSE, and extending their losses to over 13% in two sessions. The decline follows a 25% drop in the company’s consolidated net profit for Q1, which came in at Rs 15 crore compared to Rs 20 crore in the same period last year. The reported profit is attributable to the company’s owners.

The earnings were announced during market hours on Friday.

The revenue from operations fell 14% to Rs 93 crore in the quarter under review versus Rs 108 crore in the corresponding quarter of the last financial year.

On a year-on-year basis, the profit after tax (PAT) stood flat while the revenue was 11% higher against Rs 854 crore reported in Q1FY25.

Paras Defence’s expenses stood at Rs 76 crore in the reported quarter versus Rs 86 crore in Q4FY24 and Rs 65 crore in the year-ago period. The expenses were made under the heads like ‘Cost of Materials Consumed’, finance cost and for employee benefits.


Paras Defence offers a wide range of products and solutions for defence and space applications. It has two verticals, namely Optics & Optronic Systems & Defence Engineering, comprising defence electronics, EMP protection solutions, and heavy engineering.Paras Defence shares have had a great run in 2025 so far, and its year-to-date returns stand at 40% after accounting for today’s sharp decline. On a 1-year basis, the returns stand at 6%.The stock is currently trading below its 50-day simple moving average of Rs 818 while above its 200 SMA of Rs 596, according to Trendlyne data. The counter has traded with high volatility, recording a 1-year beta of 1.1.

Paras Defence has informed the exchanges regarding its 16th Annual General Meeting, which will be held on August 21, 2025, at 12:30 p.m.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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