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Astra Microwave Products Ltd share price ticked higher by 4.10% to Rs 1726.45 after the company's net profit soared by 313.60% to Rs 51.08 crore, while revenue from operations increased sharply by 48.76% to Rs 262.8 crore in Q2FY27 over Q2FY26.
The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.9 lakh crore, crashing by 25.32%. It has inched up 0.35% over last one week and dipped slightly by 1.24% in last one month while the market capitalization of Astra Microwave Products Ltd has increased 10.74% and 0.77% in the same period respectively.
Profit before tax (PBT) of Astra Microwave Products Ltd stood at Rs 67.79 crore in Q2 FY27, jumping 109.36% year-on-year, and rallying 330.96% quarter-on-quarter. EBITDA came in at Rs 86 crore, expanding by 104.30% YoY and surging by 180.44% sequentially.
Total expenses witnessed a sharp rise of 20.73% to Rs 187.73 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 165.38 crore, witnessing a sharp rise of 20.80% YoY, while employee benefits expense was at Rs 41.1 crore, soaring 27.13% YoY.
For FY26, revenue from operations advanced 10.62% to Rs 1162.8 crore, while net profit saw a strong growth of 25.71% to Rs 192.97 crore, compared to previous FY. EBITDA witnessed a strong improvement of 25918% to Rs 315.26 crore, and PBT soared 27.99% to Rs 260.76 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 386.73 crore in FY26, as against Rs 90.15 crore in FY25.
Astra Microwave Products Ltd rallied 64.65% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.
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