Paras Defence Q2 Results: Net profit rises 37% to ₹30.4 cr, revenue jumps 37%

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Paras Defence stock closes at ₹1,329.70 on NSE, up 2.08% on the day, giving the company a market capitalisation of approximately ₹10,716 crore

By BL Mumbai Bureau

Updated - October 29, 2026 at 05:46 PM.

Paras Defence and Space Technologies Limited operates across two reportable segments — Optics and Optronic Systems, and Defence Engineering.

Paras Defence and Space Technologies Limited reported a sharp rise in revenue and profit for the second quarter of FY27, with standalone revenue from operations climbing 43 per cent year-on-year to ₹147.3 crore for the quarter ended September 30, 2026, compared to ₹102.7 crore in the same period last year.

The defence and space technology company posted a standalone net profit of ₹30.4 crore for Q2 FY27, up 37 per cent from ₹22.3 crore in Q2 FY26. For the first half of FY27, standalone revenue rose 40 per cent to ₹265.4 crore, while net profit grew 38 per cent to ₹51.8 crore compared to ₹37.7 crore in H1 FY26.

On a consolidated basis, which includes eight subsidiaries and three associates, revenue from operations for Q2 FY27 came in at ₹151.1 crore, against ₹105.7 crore a year earlier. Consolidated net profit attributable to owners of the company stood at ₹30.3 crore for the quarter, compared to ₹20.6 crore in Q2 FY26. For H1 FY27, consolidated revenue reached ₹279 crore versus ₹198.9 crore in H1 FY26.

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The company operates across two reportable segments — Optics and Optronic Systems, and Defence Engineering. Both segments contributed roughly equally to the quarter’s revenue at ₹74.6 crore and ₹72.7 crore respectively on a standalone basis, with Optics delivering stronger profitability.

The company’s standalone total assets expanded to ₹1,067.7 crore as of September 30, 2026, from ₹919.1 crore as of March 31, 2026, driven largely by higher trade receivables and inventories reflecting order execution scale-up.

The stock closed at ₹1,329.70 on the NSE on October 29, 2026, up 2.08 per cent on the day, giving the company a market capitalisation of approximately ₹10,716 crore. The stock has gained around 94 per cent year-to-date and trades at a trailing price-to-earnings multiple of 109.

Published on October 29, 2026

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