Aerospace & Defence company Astra Microwave Products announced Q3FY25 results Revenue stood at Rs 259 crore for Q3FY25 as against Rs 231 crore for Q3FY24. Gross margins was at 48.0% for Q3FY25 as against 47.3% in Q3FY24. EBIDTA margins improved to 29.5% for Q3FY25 as against 28.6% in Q3FY24. PAT was at Rs 47 crore for Q3FY25 as against Rs 43 crore in Q3FY24. S G Reddy, Managing Director, Astra Microwave Products, said: “For the quarter, Astra delivered a strong performance with revenue growth of 12% YoY on a standalone basis while maintaining EBITDA margins at healthy 29.1% levels. This growth was primarily due to the product mix, in which we saw higher execution of defence orders. The country is witnessing rapid import substitution, increased domestic production, and growing exports, leading to an inflow of higher indigenous orders to defence PSUs. Private players like Astra may also benefit from the flow down of these orders. With the focus on increasing participation in indigenisation orders, our consolidated order book stood at Rs 2,332 crore as of December 2024. On a macro level, the Union Budget FY25 allocated Rs 6.81 lakh crore for defence, up from Rs 6.22 lakh crore in the previous year. The Defence Secretary highlighted plans to finalise record-breaking contracts, exceeding Rs 2 lakh crore by the end of this financial year, ensuring a steady pipeline for OEMs and component manufacturers. Against this backdrop, we continue to retain our annual revenue and order booking targets, as we are strategically positioned to leverage emerging opportunities in this expanding market.” Result PDF