Focus on high-margin IP-led defence electronics opportunities across domestic and export markets: The company continues to focus on IPdriven businesses across electronic warfare, radars, avionics, ISR, drone defence and strategic electronics, supported by strong in-house design and manufacturing capabilities. Management reiterated focus on IP-driven programs with selective participation in strategic lower-margin contracts only where long-term platform positioning and future production visibility are meaningful with key opportunities remain strong across EW suites, airborne and maritime surveillance radars, smart cockpits, missile seekers,...