Are Paras Defence latest results good or bad?
Paras Defence's latest results are positive, with a significant increase in Profit Before Tax (Rs 22.66 crore) and record net sales (Rs 108.23 crore), despite higher interest expenses. The earnings per share also reached a five-quarter high at Rs 4.89, indicating improved profitability.
Paras Defence and Space Technologies has reported its financial results for the quarter ending March 2025, showcasing notable operational trends. The company achieved a Profit Before Tax (PBT) of Rs 22.66 crore, which represents a significant growth compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) reached Rs 19.72 crore, indicating a substantial increase from the prior average.Net sales for the quarter reached a record high of Rs 108.23 crore, reflecting a strong upward trend compared to the previous four-quarter average. The operating profit also peaked at Rs 28.29 crore, suggesting enhanced operational efficiency during this period.
However, it is important to note that the company experienced a considerable rise in interest expenses, which increased to Rs 1.90 crore, indicating higher borrowing costs. Despite this, the earnings per share (EPS) reached Rs 4.89, marking the highest level in the last five quarters and suggesting improved profitability for shareholders.
Overall, the financial results indicate positive operational trends for Paras Defence and Space Technologies. Additionally, the company saw an adjustment in its evaluation, reflecting the changes in its financial performance.
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