Astra Microwave Products announced that the Board of Directors of the Company at its meeting held on 24 May 2024, has recommended a Final dividend of Rs.2 per share (i.e.100%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Astra Microwave Products rose 302.37% to Rs 54.40 crore in the quarter ended March 2024 as against Rs 13.52 crore during the previous quarter ended March 2023. Sales rose 36.96% to Rs 353.96 crore in the quarter ended March 2024 as against Rs 258.44 crore during the previous quarter ended March 2023.For the full year,net profit rose 73.38% to Rs 121.07 crore in the year ended March 2024 as against Rs 69.83 crore during the previous year ended March 2023. Sales rose 11.44% to Rs 908.82 crore in the year ended March 2024 as against Rs 815.52 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales353.96258.44 37 908.82815.52 11 OPM %22.8012.73 -21.0817.74 - PBDT77.6924.23 221 183.99119.60 54 PBT71.2817.95 297 159.0195.95 66 NP54.4013.52 302 121.0769.83 73 Powered by Capital Market - Live News

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 24 May 2024Powered by Capital Market - Live News

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