| 29 April 2009 Astra Microwave board recommends 25% dividend for FY09 |
- Audited consolidated FY09 sales INR 1.18 bln; net profit INR 156.74 mln
- Orders on hand INR 1.93 bln; executable over next 18 months.
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| 15 Feb 2009 Astra Microwave at Aero India 2009, Bangalore |
- Stall attaracts 250 Indian, international business visitors
- Meetings with aerospace electronics manufacturers from US, France, Italy, Spain, Russian, Israel, and Germany
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| 11 Feb 2009 Bharat Electronics, Astra Microwave sign MoU for joint venture |
- JV to design and produce RF/microwave components and sub-systems for defense, space, and telecommunications.
- To be to becommon platform for design, development and manufacturing of BEL's microwave intensive products.
- BEL to hold 49% equity, Astra Microwave 51%.
- “Partnership with BEL will strengthen Astra’s delivery capabilities and market reach”—B Malla Reddy, Managing Director, Astra Microwave.
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| 17 Dec 2008 Astra Microwave wins INR 138 mn order from Antrix, India's Department of Space arm |
- To supply and install 500 unmanned automatic weather stations (AWS) by May 2009.
- Astra Microwave’s total order book now at INR 1.76 billion.
- Antrix order follows similar INR 255 million order for AWS by the Indian Meteorological Department in August.
- “Second large AWS order within 4 months a strong vindication of Astra’s technology and delivery capabilities”—B Malla Reddy, Managing Director.
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| 1 Dec 2008 Astra Microwave wins INR 570 mn order from Israel’s ELTA Systems |
- Astra to supply microwave wireless sub-systems for Indian Air Force's Phalcon AWACS program.
- Contract effective between November 2008 and mid-2010.
- Astra’s first contract under offset obligations clause of India’s Defence Procurement Policy.
- “ELTA contract showcases Astra’s tech ability and scale to build on offset obligations opportunity”: B Malla Reddy, Managing Director.
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| 31 October 2008 Astra Microwave audited Q2-FY09 net INR 28.3 mn, up 52% YoY |
- Q2-FY09 net sales INR 286.2 mn, up 114% YoY.
- Orders on hand worth INR 950 million; executable current fiscal.
- Basic diluted earnings INR 0.52 per INR 2 face-value share vs INR 0.35 yr ago.
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| 26 Aug 2008 Astra Microwave wins INR 255 million order from Indian Meteorological Department |
- Unmanned automatic weather stations to be installed across 550 India locations.
- To enable 24X7 live centralized monitoring of multiple weather variables.
- Order won against global competition.
- “Brings bleeding edge capability to short-term weather forecasting” —B Malla Reddy, Managing Director
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