Paras Defence Share Price in Focus; Revenue Jumped 21% YOY and Wins DRDO Order

Paras Defence and Space Technologies remained in focus in November as the company disclosed a new DRDO order, key board approvals, and its Q2 FY26 financial performance alongside notable share price movement.  

Paras Defence Receives ₹71.68 Crore DRDO Order  

The company announced a ₹71.68 crore contract from IRDE DRDO for supplying 2 optronic periscopes for submarine applications. The order is scheduled for execution between August and September 2026 and aligns with the company’s precision optics and electro optic systems portfolio.   

Board Approvals and Corporate Actions  

The board approved the re appointment of Mr Suresh Katyal as a Non-Executive Independent Director for a second 5-year term beginning January 5, 2026, subject to shareholder approval. A postal ballot process has commenced, with e-voting open from November 20 to December 19, 2025.  

Read More: Larsen & Toubro and BAE Systems Win Indian Army BvS10 Licensed Manufacturing Contract!  

Q2 FY26 Performance and Key Metrics  

The company reported consolidated revenue of ₹105.72 crore in Q2 FY26, marking 21% year on year growth and 13% quarter on quarter improvement. Total income stood at ₹108 crore, up 22% year on year. Profit before tax reached ₹26.58 crore, reflecting 46% growth over the previous year and a 37% sequential rise.  

Paras Defence and Space Technologies consolidated net profit for the quarter ended September 30, 2025 (Q2 FY26), was ₹20.64 crore, a nearly 49% increase year-over-year 

Paras Defence and Space Technologies Share Price Performance  

As of November 21, 2025, at 03:21 PM, Paras Defence and Space Technologies share price was ₹720.70, down 3.48% from the previous close. During November, the stock traded between ₹646.25 and ₹790.00, registering a 2.97% monthly gain. Year to date, the stock is up 43.42%, while the 1-year performance shows a 26.17% decline as of November 21, 2025.  

Conclusion  

Paras Defence experienced a combination of operational updates, governance developments, and financial performance disclosures in November. These factors, along with broader market sentiment, contributed to the observed share price movement during the period.  

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