The company further clarified that its group companies have an interest in the entity awarding the order. However, it stated that the transaction has been undertaken on an arm’s-length basis.
Astra Microwave Products is engaged in design, development, manufacture and supply of high value-added RF and microwave super components, sub-systems and systems finding for defense, space, telecom, meteorology, and civil communication applications.
The company’s consolidated net profit fell 5.87% to Rs 23.90 crore on a 6.55% increase in revenue from operations to Rs 214.58 crore in Q2 FY26 over Q2 FY25.
The counter rose 0.47 to settle at Rs 906.90 on the BSE.
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