Shares of Paras Defence & Space Technologies leapt 2.70% to ₹1,337.30 on the BSE at 2:23 pm, following the release of its Q2 FY27 earnings.
Net profit surged to ₹31 crore, a 63.2% jump from ₹19 crore in the same quarter last year, and revenue climbed to ₹151 crore, up 42.5% from ₹106 crore.
Operating earnings before interest, tax, depreciation and amortisation (EBITDA) increased 48.3% to ₹44.5 crore, lifting the EBITDA margin to 29.4% from 28%, a rise of 140 basis points.
The optics & optronics arm was the engine of growth, reporting a 96% YoY revenue rise; defence engineering grew 14% YoY but its margin slipped, highlighting a weak spot.
First‑half FY27 data reinforce the upward trend: revenue 40% higher at ₹279 crore, EBITDA 49% higher at ₹76 crore, and net profit 50% higher at ₹51 crore.
Analysts will focus on the upcoming Q3 FY27 filing, expected in the next few weeks, to gauge whether the margin expansion continues and whether the company will issue any guidance on capital expenditure.