Paras Defence and Space Technologies Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also recommended a final dividend of ₹1 per equity share for the financial year ended March 31, 2026. Key decisions included the re-appointment of a director and approval of related party transactions.
Q1 FY27 Financial Performance Unveiled
Paras Defence and Space Technologies Limited’s Board of Directors, in a meeting held on August 7, 2026, has approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The financial statements were accompanied by a Limited Review Report from the Statutory Auditors, who issued an unmodified opinion.
Dividend Recommendation and Shareholder Value
A significant outcome of the board meeting was the recommendation of a final dividend of ₹1 per equity share (representing 20% of the face value) for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming 17th Annual General Meeting (AGM). The record date for determining eligibility for this dividend has been fixed as August 28, 2026, with payment to be made within 30 days of the AGM.
Key Corporate Actions and Governance
The Board also approved the notice for the 17th Annual General Meeting (AGM), scheduled for Friday, September 11, 2026, at 12:30 p.m. IST, to be conducted via video conferencing. The Directors’ Report for the financial year ended March 31, 2026, was also approved. In terms of governance, Mrs. Shilpa Amit Mahajan was re-appointed as director, retiring by rotation. Additionally, the company approved the divestment of its entire 47.50% equity stake in its Associate Company, Krasny Paras Defence Technologies Private Limited. Material related party transactions with Controp-Paras Technologies Private Limited and Paras Anti-Drone Technologies Private Limited were also given the go-ahead.
Segmental Performance Highlights
Standalone segment revenue for Q1 FY27 stood at ₹11,808 lakhs, with Optics and Optronic Systems contributing ₹6,890 lakhs and Defence Engineering adding ₹4,918 lakhs. The Profit Before Tax for the standalone segment was ₹2,851 lakhs. Consolidated revenue for the quarter reached ₹12,791 lakhs, with Profit Before Tax at ₹2,802 lakhs. The company also reported a profit attributable to owners of the company of ₹2,122 lakhs in the consolidated results.
Source: BSE
