June 10, 2025
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Paras Defence stock split & dividend
Paras Defence and Space Technologies has received shareholders approval for the sub-division of equity shares or stock split. This is the first-ever stock split by Paras Defence.
Paras Defence has declared its first-ever dividend of Rs 0.50 per shareduring its Q4 FY25 earnings on April 30.
In the fourth quarter, Paras Defence reported a stellar 97% increase in net profit, reaching Rs 19.7 crore compared to Rs 10 crore during the same period last year. The company’s revenue also rose by 35.8% year-on-year to Rs 108.2 crore, up from Rs 79.7 crore in the previous year’s quarter.
