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What is the revenue of Paras group?

Published in Company Revenue 2 mins read

The total revenue of Paras Defence and Space Technologies, often referred to as Paras group, for the period ending March 2024 was ₹241.77 crore. This figure represents the company's financial performance from all sources of income for that specific fiscal period.

Understanding Revenue

Revenue is the total amount of money generated by a company from its primary business activities, such as sales of goods and services, before any expenses are deducted. It is a key indicator of a company's growth and market reach. For Paras Defence and Space Technologies, revenue primarily stems from its operations in defence and space sectors, complemented by other income sources.

Paras Defence and Space Technologies Revenue Overview

The revenue figures for Paras Defence and Space Technologies demonstrate its financial performance over different periods. The most recent data available showcases a significant increase in total revenue compared to previous periods.

Here's a breakdown of the total revenue:

Fiscal Period Total Revenue (₹ Crore)
March 2024 241.77
March 2020 148.79

As seen in the table, the company's total revenue has shown an upward trend, indicating growth in its business operations and overall financial scale. This total revenue encompasses:

  • Revenue From Operations [Net]: This is the core income generated from the company's primary business activities, after accounting for returns, allowances, and discounts. For March 2024, this stood at ₹232.39 crore.
  • Other Income: This includes income from sources outside the company's main operations, such as interest income, gains on the sale of assets, or dividends. For March 2024, this amounted to ₹9.34 crore.

The sum of Revenue From Operations and Other Income constitutes the Total Revenue, providing a comprehensive view of the company's earnings.