Paras Defence expects export revenue to double in FY27
Paras Defence expects export revenue to double this fiscal year driven by conflict-linked global demand. Escalating geopolitical tensions are boosting orders for its optical and defence systems from several countries.
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PARAS DEFENCE & SPACE TECHNO expects export revenue to rise to 1.3 billion rupees ($13.58M) by Thursday afternoon, driven by Middle East conflict demand. The India-based engineering firm anticipates total fiscal revenue reaching 6.5 billion rupees. The expansion reflects surging military spending across Europe and the Middle East as governments diversify supply chains.
