Astra Microwave Products has received reaffirmation in credit rating for the company`s bank facilities at `CRISIL A; Stable / CRISIL A1`. Powered by Capital Market - Live News

Astra Microwave Products has incorporated at wholly owned subsidiary, Astra Space Technologies on 17 February 2024. The new company will be engaged in Design, development, manufacture and acquired belongs, integration of satellites, satellite pay loads, launching of satellites and establishment of ground stations for satellite tracking. Powered by Capital Market - Live News

Net profit of Astra Microwave Products rose 56.72% to Rs 43.38 crore in the quarter ended December 2023 as against Rs 27.68 crore during the previous quarter ended December 2022. Sales rose 4.87% to Rs 231.02 crore in the quarter ended December 2023 as against Rs 220.30 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales231.02220.30 5 OPM %28.6323.06 - PBDT64.1344.21 45 PBT57.5038.18 51 NP43.3827.68 57 Powered by Capital Market - Live News

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 8 February 2024. The meeting would commence at 3.30 pm.Powered by Capital Market - Live News

Net profit of Astra Microwave Products rose 46.30% to Rs 30.02 crore in the quarter ended September 2023 as against Rs 20.52 crore during the previous quarter ended September 2022. Sales rose 8.83% to Rs 190.12 crore in the quarter ended September 2023 as against Rs 174.69 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales190.12174.69 9 OPM %21.9122.23 - PBDT44.6833.92 32 PBT38.4228.07 37 NP30.0220.52 46 Powered by Capital Market - Live News