Shares of surged in Friday's trade after the company reported a robust set of numbers for the July-September quarter (Q2 FY26). The stock gained 9.84 per cent to hit a day high of Rs 790 on BSE.

The private defence and space engineering firm posted a 50 per cent year-on-year (YoY) rise in net profit at Rs 21 crore, compared with Rs 14 crore in the corresponding quarter of the previous fiscal. Revenue for the quarter came in at Rs 106 crore, marking a 21.8 per cent YoY increase, driven by steady execution across its optics, defence electronics and space engineering segments. Advertisement

Operational performance also strengthened during the quarter. EBITDA rose 32 per cent YoY to Rs 30 crore, against Rs 22.7 crore a year earlier, signalling improved operating leverage and efficient cost

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