Paras Defence has announced the approval to incorporate a new subsidiary focused on avionic applications and the Unaudited Standalone and Consolidated Financial Results for Q3 2026. The subsidiary will specialize in systems and solutions for avionic applications, manufacturing, testing, and repair. Q3 results show continued growth with revenue from operations reaching ₹10,083 lakhs for standalone and ₹10,635 lakhs for consolidated figures.
Formation of New Subsidiary
The Board has approved the incorporation of a new subsidiary company, potentially named “Paras Avionics Private Limited” or “Paras Aviation Technologies Private Limited”. This new entity will focus on providing systems and solutions for avionic applications, including manufacturing, testing, repair, and overhauling systems for defense and aerospace platforms.
Q3 2026 Financial Performance: Standalone
Paras Defence reported the following standalone financial highlights for the quarter ended December 31, 2025 (Q3 2026):
- Revenue from Operations: ₹10,083 lakhs
- Total Income: ₹10,383 lakhs
- Profit Before Tax: ₹2,580 lakhs
- Profit for the period: ₹1,953 lakhs
- Earnings Per Share: ₹2.42
Q3 2026 Financial Performance: Consolidated
The consolidated financial results for the same period show:
- Revenue from Operations: ₹10,635 lakhs
- Total Income: ₹10,862 lakhs
- Profit Before Tax: ₹2,320 lakhs
- Profit for the period: ₹1,685 lakhs
- Earnings Per Share: ₹2.26
Source: BSE
