Paras Defence Q4 Result

Q4: The company said that its board has recommended the subdivision/split of its shares in the ratio of 1:2. It said that the existing one equity share of a face value of ₹10 each, fully paid-up, will be split into two equity shares of a face value of ₹5 each, fully paid-up, subject to shareholders’ approval. Revenue from operations came in at ₹108.23 crore, up 35.8% from ₹79.69 crore registered in the corresponding period of the previous fiscal year. Total income for the quarter under review stood at ₹112.28 against ₹85.17 seen in the year-ago period. This shows a rise of 31.8% YoY. The numbers were announced post-market hours on Wednesday. Shares of the company ended at ₹1,365.25 apiece on the BSE, up 2.11% ahead of the results announcement.