Defence company Astra Microwave Products announced Q1FY25 results: Standalone: Revenue stood at Rs 154 crore for Q1FY25 as against Rs 133 crore for Q1FY24 Gross margins improved to 41.8% for Q1FY25 as against 27.5% in Q1FY24 EBIDTA margins was 15.1% for Q1FY25 as against 3.5% in Q1FY24 PAT was at Rs 5 crore for Q1FY25 as against loss of Rs 4 crore in Q1FY24 Geographical spread of total revenue for the quarter stands as follows: India – 79% and Exports – 21% Consolidated: Revenue stood at Rs 155 crore for Q1FY25 as against Rs 134 crore for Q1FY24 Gross margins improved to 43.8% for Q1FY25 as against 28.2% in Q1FY24 EBIDTA margins was 15.5% for Q1FY25 as against 2.3% in Q1FY24 PAT was at Rs 7 crore for Q1FY25 as against loss of Rs 7 crore in Q1FY24 Commenting on the performance S G Reddy, Managing Director, Astra Microwave Products said “During Q1FY25, we reported a satisfactory performance given the seasonality pattern which is typically observed in our business. On a YoY basis, we saw a 15.9% improvement in standalone revenue to Rs 154 Cr. This positive trajectory is further underscored by a significant enhancement in Gross Profit margins, attributable to a favorable geographic mix, which has also been reflected in our operational performance. Our momentum in securing new orders remains robust, with an impressive inflow of Rs 302 crore during the quarter. I am delighted to share that our standalone order book has surpassed the Rs2,000 crore milestone, standing at Rs 2,099 crore as of June 2024. Given the strong push toward Make in India, we remain optimistic about the domestic market's demand outlook. To remain at the cutting edge of innovation, we have expanded our work force including R&D; team during the quarter. During FY25, we are confident to achieve a topline in the range of Rs 1,000 to and Rs 1,100 crore with a PBT margin to the tune of 16-18%." Result PDF