Paras Defence and Space Technologies Ltd
🚀 Paras Defence Expands into Avionics with New Subsidiary & Reports Q3 FY2025 Results
- New subsidiary 'Paras Avionics Private Limited' (or 'Paras Aviation Technologies') approved with ₹1 lakh authorized capital to focus on avionics for defence/aerospace.
- Standalone Q3 FY2025: Revenue ₹100.83 Cr, Total Income ₹103.83 Cr, PBT ₹25.8 Cr.
- Consolidated Q3 FY2025: Revenue ₹106.35 Cr, Total Income ₹108.62 Cr, PBT ₹23.2 Cr.
- 78,450 ESOPs granted under 'Paras Defence ESOP 2024' plan (₹33 lakhs expense this quarter).
- One-time Gratuity impact: ₹168 lakhs (standalone) and ₹174 lakhs (consolidated) due to Labour Code changes.