Paras Defence and Space Technologies Limited has announced the approval to incorporate a new subsidiary focused on avionic systems and solutions. Additionally, the company’s board reviewed and approved the unaudited standalone and consolidated financial results for Q3 2026. Key figures from the results highlight a continued growth trajectory and strategic expansion into related technology sectors.
Avionics Subsidiary Formation
The Board of Directors has approved the incorporation of a new subsidiary company, tentatively named “Paras Avionics Private Limited” or “Paras Aviation Technologies Private Limited”. This new entity will focus on systems and solutions for avionic applications, including manufacturing, testing, and repair services for defence and aerospace platforms.
Subsidiary Details
The authorized and paid-up share capital for the new subsidiary will be ₹1,00,000. Paras Defence will hold 60% of the equity shares in the proposed subsidiary.
Q3 2026 Financial Performance (Standalone)
The company’s unaudited standalone financial results for Q3 2026 show a total income of ₹10.38 crore and a profit before tax of ₹2.58 crore.
Key Standalone Financial Figures (Nine Months Ended December 31, 2025)
For the nine months ended December 31, 2025, the standalone financial results highlight a total income of ₹29.94 crore, and a profit before tax of ₹7.57 crore. Earnings per share stand at ₹7.10 (not annualized).
Q3 2026 Financial Performance (Consolidated)
The company’s unaudited consolidated financial results for Q3 2026 show a total income of ₹10.86 crore and a profit before tax of ₹2.32 crore.
Key Consolidated Financial Figures (Nine Months Ended December 31, 2025)
For the nine months ended December 31, 2025, the consolidated financial results highlight a total income of ₹31.22 crore, and a profit before tax of ₹6.92 crore. Earnings per share stand at ₹6.67 (not annualized).
Segment Performance
The segment reporting shows that Optics and Optronic Systems generated revenue of ₹13.93 crore for the nine months ended December 31, 2025, while Defence Engineering generated ₹16.59 crore.
Source: BSE
