Paras Defence and Space Technologies has announced the approval for a new subsidiary focused on avionic systems and solutions. The company also released its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Q3), showing a profit of ₹2,580 lakhs before tax on a standalone basis. This move aims to enhance its capabilities in the defence and aerospace sectors.
New Subsidiary Formation
The Board of Directors has approved the incorporation of a new subsidiary company, with the proposed names “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, repair, and overhauling systems for defense and aerospace platforms. The authorized and paid-up share capital of the new subsidiary is ₹1,00,000 each. Paras Defence will hold 60% of the equity shares in the proposed subsidiary.
Q3 Financial Results (Standalone)
For the quarter ended December 31, 2025 (Q3), Paras Defence reported:
- Total Income: ₹10,383 lakhs
- Profit Before Tax: ₹2,580 lakhs
- Net Profit for the period: ₹1,953 lakhs
Q3 Financial Results (Consolidated)
For the quarter ended December 31, 2025 (Q3), Paras Defence reported:
- Total Income: ₹10,862 lakhs
- Profit Before Tax: ₹2,320 lakhs
- Net Profit for the period: ₹1,685 lakhs
Earnings per share for both basic and diluted stood at ₹2.26.
Source: BSE