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

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.

Raccontata daeconomictimes.indiatimes.com