Astra Microwave profit tops ₹51 crore as revenue rises 22.3%
Key Facts
Astra Microwave Products reported results for the quarter ended September 2026, posting consolidated revenue from operations of ₹263 crore, up 22.3% year on year, according to CNBC TV18. Consolidated net profit rose to more than ₹51 crore, compared with ₹24 crore in the same period a year earlier. The announcement coincided with a gain of more than 5% in the stock on Thursday, November 12, according to the same report. These figures put revenue and profit growth at the forefront of second-quarter results. The stock move cited relates to the November 12 session.
Operating margins expanded alongside revenue growth, with consolidated EBITDA margin at 33.4% in the quarter ended September, compared with 22.3% in the year-earlier quarter. CNBC TV18 said the increase exceeded 11 percentage points. This reflects an improvement in the margin recorded during the period, alongside an increase in net profit from ₹24 crore to more than ₹51 crore. The margin comparison between the two periods provides an additional measure of the company's operating performance. These results remain figures for the quarter ended September 2026.
On future business, the company's consolidated order book, including joint ventures, stood at ₹4,707.6 crore on September 30, 2026. The figure included service orders worth ₹237.2 crore, according to CNBC TV18. The company and its joint ventures also secured orders worth ₹2,647.3 crore during the first half of fiscal 2027. These figures show the volume of contracted business and orders added during the first half. They provide operating context alongside the reported revenue and profit results for the quarter ended September.
In a separate corporate development, the company said the separation of its space, meteorology and hydrology activities into Astra Space Technologies remains subject to the required approvals. It added that the effects of the proposed scheme were not included in the consolidated results for the quarter ended September. The proposed separation therefore remains a future step, contingent on completion of the approvals, CNBC TV18 reported. Its effects are not part of the figures reported for the quarter. The development accompanies the operating results and order data cited in the report.