Defence company Astra Microwave Products on Tuesday reported a consolidated net profit of Rs 106 crore for the March quarter of FY26, up 44% from Rs 73.5 crore posted in the same period last year.The company’s revenue from operations came in at Rs 488.24 crore, up 19.60% from Rs 408 crore reported in the corresponding quarter of the previous financial year. Sequentially, the company’s revenue rose 88% from Rs 240 crore in Q3FY26.Alongside results, the company recommended a dividend of Rs 2.40 per equity share for FY26, representing 120% of the face value of Rs 2 per share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).The company said the dividend amount will be credited or dividend warrants dispatched within the prescribed timelines after the conclusion of the AGM. The AGM date and record date for dividend payment will be announced separately in due course.EBITDA rose 36% year-on-year to Rs 162.5 crore from Rs 119.6 crore, while EBITDA margin improved to 33.3% from 29.3% in the corresponding period last year.For the full year, revenue came in at Rs 1,163 crore, marking a jump of 11% from Rs 1,051 crore posted in the financial year 2024-25, the company said in a regulatory filing.As for profitability, the company posted a net profit of Rs 192 crore, up 27% from Rs 151 crore posted last fiscal year. The Group and joint ventures have an order book of Rs 2,609.99 crore as of March 31, 2026, which includes Rs 230.68 crore pertaining to service orders. Orders booked during the year stood at Rs 1,660.22 crore.Following the earnings declaration, Astra Microwave shares jumped 6% to their day’s high of Rs 1,314 on the BSE. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)