Results     21-May-22
Announcements
Paras Defence and Space Technologies consolidated net profit declines 44.17% in the March 2022 quarter
Sales decline 27.11% to Rs 61.24 crore
Net profit of Paras Defence and Space Technologies declined 44.17% to Rs 10.30 crore in the quarter ended March 2022 as against Rs 18.45 crore during the previous quarter ended March 2021. Sales declined 27.11% to Rs 61.24 crore in the quarter ended March 2022 as against Rs 84.02 crore during the previous quarter ended March 2021.

For the full year,net profit rose 72.01% to Rs 27.04 crore in the year ended March 2022 as against Rs 15.72 crore during the previous year ended March 2021. Sales rose 27.37% to Rs 182.56 crore in the year ended March 2022 as against Rs 143.33 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear Ended
 Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales61.2484.02 -27 182.56143.33 27
OPM %28.8037.28 -28.4030.27 -
PBDT17.0028.05 -39 46.9932.26 46
PBT14.3325.63 -44 36.5722.61 62
NP10.3018.45 -44 27.0415.72 72

Previous News
  Paras Defence and Space Technologies standalone net profit declines 17.66% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   13:59 )
  Paras Defence and Space Technologies director resigns
 ( Corporate News - 29-Dec-22   11:47 )
  Board of Paras Defence approves proposal to utilize unspent IPO proceeds of Rs 18.97 cr
 ( Corporate News - 29-Mar-23   12:42 )
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 ( Corporate News - 16-Feb-23   11:50 )
  Board of Paras Defence approves acquisition of majority stake in Ayatti Innovative
 ( Corporate News - 20-Aug-22   16:02 )
  Paras Defence & Space Techs. to discuss results
 ( Corporate News - 14-May-22   16:40 )
  Paras Defence and Space Technologies consolidated net profit declines 31.76% in the December 2023 quarter
 ( Results - Announcements 09-Feb-24   14:31 )
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  DRDO transfers tech of Optronic Submarine Periscope to Paras Defence
 ( Corporate News - 07-Apr-22   14:49 )
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 ( Corporate News - 03-Jul-23   09:16 )
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 ( Corporate News - 06-Apr-23   15:16 )
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