Paras Defence and Space Technologies Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 483.2 million compared to INR 407.6 million a year ago. Revenue was INR 492.6 million compared to INR 417.2 million a year ago.

Net income was INR 60.1 million compared to INR 70.7 million a year ago. Basic earnings per share from continuing operations was INR 1.54 compared to INR 1.81 a year ago. Diluted earnings per share from continuing operations was INR 1.54 compared to INR 1.81 a year ago.