Astra Microwave Products Limited announced the outcome of its Board meeting held on February 12, 2026. The Board approved the standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. Key changes include the cessation of Mr. Rahul Rungta as CFO, effective February 11, 2026, and the immediate appointment of Mr. Srinivasarao Devathi as the new Chief Financial Officer and Key Managerial Personnel.
Outcome of Board Meeting: December 31, 2025 Results
The Board of Directors of Astra Microwave Products Limited convened on February 12, 2026, and approved the standalone and consolidated un-audited financial results for the quarter and the nine months ending December 31, 2025. This intimation also serves as the Integrated Filing for the specified period.
Key Financial Highlights (Standalone Basis)
The results indicate strong performance across the periods reviewed. For the quarter ended December 31, 2025, the Total Income stood at ₹26,157.21 Lakhs, compared to ₹25,902.19 Lakhs in the corresponding quarter last year. The Profit Before Tax (PBT) for the quarter reached ₹5,925.38 Lakhs, showing a significant improvement over the previous year’s ₹5,275.89 Lakhs. Basic Earnings Per Share (EPS) for the quarter was ₹4.09.
For the nine months ended December 31, 2025, the company reported Total Income of ₹68,012.06 Lakhs. The resulting Profit Before Tax for this nine-month period was ₹10,519.91 Lakhs, resulting in a Basic EPS of ₹7.64.
Key Financial Highlights (Consolidated Basis)
On a consolidated level, the Total Income for the quarter ending December 31, 2025 was ₹26,348.99 Lakhs. The Profit Before Tax and share of net profit of investment in joint ventures and associate for the quarter reached ₹6,139.11 Lakhs. The consolidated Basic EPS for the quarter was ₹4.93.
For the nine months ended December 31, 2025, the consolidated Total Income was reported as ₹68,605.50 Lakhs. The consolidated Profit Before Tax and share of net profit of investment in joint ventures and associate for the nine-month period stood at ₹11,097.27 Lakhs. The corresponding Basic EPS was ₹9.16.
Corporate Governance and Personnel Changes
CFO Cessation and Appointment
The Board formally took on record the cessation of Mr. Rahul Rungta as Chief Financial Officer and Key Managerial Personnel, effective at the close of business hours on February 11, 2026. Mr. Rungta has subsequently been appointed as CFO at Astra Space Technologies Private Limited, a wholly owned subsidiary.
The Board simultaneously approved the appointment of Mr. Srinivasarao Devathi, Chartered Accountant, as the New Chief Financial Officer and Key Managerial Personnel, effective from the start of business hours on February 12, 2026. Mr. Devathi is noted as a professional with more than 22 years of experience in Finance & Accounts operations.
Other Disclosures
The results approval meeting commenced at 12:00 PM and concluded at 02:15 PM. The company also noted that it has an order book of ₹2,226.08 crores as of December 31, 2025 (standalone) and ₹2,566.03 crores (consolidated).
Auditor Conclusion
The review of the standalone unaudited financial results by Price Waterhouse Chartered Accountants LLP concluded that nothing came to their attention suggesting the statement was not prepared in all material respects according to Ind AS 34 and Listing Regulations.
For the consolidated results, the auditors noted that the interim financial information for two subsidiaries and one associate/joint venture were not reviewed by their auditors, but management deemed this unreviewed information not material to the Group.
Source: BSE
