Astra Microwave Products Limited announced the outcome of its Board meeting held on February 12, 2026. The Board approved the standalone and consolidated un-audited financial results for the Quarter and Nine Months ended December 31, 2025 (Q3 FY26). Crucially, the meeting also finalized a significant leadership transition: Mr. Rahul Rungta resigned as CFO, effective February 11, 2026, and Mr. Srinivasarao Devathi was appointed as the new CFO and KMP, effective February 12, 2026.
Financial Performance Highlights (Q3 FY26)
The Board of Directors of Astra Microwave Products Limited convened on February 12, 2026, to approve the un-audited financial statements for the period ending December 31, 2025. The meeting commenced at 12:00 PM and concluded at 02.15 P.M.
Standalone Results Summary (Rs. Lakhs)
The standalone performance for the nine months ending December 31, 2025, showed a robust top line. Total Income (a+b) reached ₹68,012.06 lakhs, compared to ₹64,632.65 lakhs in the previous year period. Correspondingly, Profit Before Tax stood at ₹10,519.91 lakhs. The final Profit for the period was reported at ₹7,257.38 lakhs.
Consolidated Results Summary (Rs. Lakhs)
On a consolidated basis, the Group reported a higher revenue base. Total Income (a+b) for the nine months was ₹68,605.50 lakhs. The consolidated Profit Before Tax and share of net profit of investment in joint ventures and associate stood at ₹11,097.27 lakhs. The final Total Comprehensive Income attributable to owners of the company for the nine months was ₹8,665.23 lakhs.
Key Leadership Appointments and Cessations
The Board formalised critical changes to the Key Managerial Personnel:
- Cessation: Mr. Rahul Rungta ceased as Chief Financial Officer and KMP, effective end of business hours on February 11, 2026. He has since taken up the position of CFO at Astra Space Technologies Private Limited, a wholly owned subsidiary.
- Appointment: Mr. Srinivasarao Devathi, a Chartered Accountant with over 22 years of experience in Finance & Accounts, was appointed as the New Chief Financial Officer and KMP, effective from the start of business hours on February 12, 2026.
Regulatory Filings Context
This intimation also serves as the Integrated Filing (Financial) for the period, complying with recent amendments to SEBI Listing Regulations concerning financial disclosures.
Notes on Financial Statements
Management provided several important contextual notes:
- The Company operates in a single business segment: Radio Frequency & Microwave products.
- The Order Book as of December 31, 2025, stood at ₹2,226.08 crores (standalone), with new orders booked during the nine-month period totaling ₹852.18 crores.
- The Group has received ₹43.50 crores in upfront monies for the allotment of convertible warrants approved earlier in 2025.
- Management assessed the financial implications of the new Government of India Labour Codes and concluded the estimated impact on existing obligations is currently not material.
Source: BSE
