Board Meeting Outcome for Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 and other items, as enclosed
PARAS · price
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Paras Defence reported strong FY2026 results with standalone revenue of Rs 41,654 Lakhs (up 24.8% from Rs 33,385 Lakhs) and consolidated revenue of Rs 47,657 Lakhs (up 30.6%). Standalone PAT grew 27.8% to Rs 8,318 Lakhs while consolidated PAT rose 45.5% to Rs 8,946 Lakhs. The Board recommended a dividend of Rs 1 per share (face value split from Rs 10 to Rs 5 implemented). Auditors issued unmodified (clean) opinion on both standalone and consolidated results. Notable items include gain of Rs 291 Lakhs from divestment of 58.02% stake in subsidiary Ayatti Innovative (exceptional item), Rs 168 Lakhs one-time gratuity impact from new labour codes, and ESOP grants increased to 3,13,300 options.
Strong double-digit growth in both revenue and profitability with clean audit opinion is positive for shareholders. The stock split and dividend signal management confidence. Exceptional item from Ayatti divestment provides one-time boost.