Paras Defence and Space Technologies Limited — Board Meeting, 28-10-2024: Outcome of Board Meeting

Paras Defence and Space Technologies Limited reported its unaudited standalone and consolidated financial results for Q2 and the first half of FY2024. Standalone revenue rose to ₹8,670 lakhs with a profit of ₹1,560 lakhs. Consolidated revenue reached ₹8,709 lakhs, totaling ₹2,681 lakhs in profit. The company initiated an employee stock option plan for up to 795,000 equity shares, additional share issuance occurred via a Qualified Institutional Placement totaling ₹13,518 lakhs.