The contract price stood at Rs 255.88 crore and it is to be executed within 24 months.
Astra Microwave Products designs and manufactures high-value-added RF and microwave super components and sub-systems that find application in defence, space, and civil communication systems.
The company’s consolidated net profit slipped 15.4% to Rs 25.39 crore despite of 20.8% increase in net sales to Rs 229.61 crore in Q2 FY25 over Q2 FY24.