Paras Defence and Space Technologies Limited — Important, 28-10-2024: Financial Result Updates

Paras Defence and Space Technologies Limited reported unaudited financial results for the half-year ending September 30, 2024. Revenue increased from ₹10,452 Lakhs to ₹16,171 Lakhs year-over-year. The company achieved a profit of ₹3,147 Lakhs, compared to ₹1,630 Lakhs the previous year. The board approved the Employee Stock Option Plan 2024, allowing for the issuance of up to 795,000 equity shares. Additionally, 12,93,604 shares were allotted post-quarter at ₹1,045 each via Qualified Institutional Placement.