November 17, 2025
1 min read
Paras Defence bags Defence Ministry order for optronic periscopes; stock dips
In terms of earnings, the private defence and space engineering firm posted a 50 per cent year-on-year (YoY) rise in net profit at Rs 21 crore, compared with Rs 14 crore in the corresponding quarter of the previous fiscal.
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Patterns Editorial
Editorial Team · November 17, 2025
Paras Defence and Space Technologies Ltd on Monday received an order from the Ministry of Defence to supply two optronic periscopes for submarine applications, valued at around Rs 71.68 crore, including GST. The contract is slated for execution betwe... [1893 chars]
