Neutral impactResults

Astra Microwave shares tank 9% after profit, revenue take a hit in Q1FY27

Economic Times 1 hr ago·10 Aug 2026, 10:35 am

Astra Microwave shares fell nearly 9% after Q1FY27 profit declined 24% and revenue dropped 12% year-on-year. EBITDA also weakened, while margins narrowed. The defence company announced a leadership transition, with M.V. Reddy set to become managing director from October.

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