B Malla Reddy, MD of Astra Micro said that it is common in this line of business to face a few hurdles when a new project is transferred for production, which led to the disappointing set of numbers.

See 10% FY17 revenue growth despite export fall: Astral Micro

Astra Microwave is targetting revenue growth of 10 percent to Rs 450 crore, but this would mark strong growth in the high-margin domestic business even as exports are expected to come off from Rs 120 crore to Rs 45 crore, said Managing Director B Malla Reddy.

Defence procurement policy: Revenues may take a while to flow in

B Malla Reddy, MD, Astra Microwave Products and Rajinder Bhatia, CEO, Defence Space & Aerospace, Kalyani Group hail new policy, but concur government will have to think out of the box to move processes faster.

Exports weighed on Q3; will meet full-yr guidance: Astra Micro

Weakness in exports led Astra Microwave to a weak third quarter, with sales falling 39 percent to Rs 90 crore.

Expect Rs 400-425 crore topline in FY16: Astra Microwave

B Malla Reddy, Managing Director of Astra Microwave expects Rs 300 crore worth order inflow in H2FY16.

Maintain 12% PAT guidance for FY15: Astra Microwave

Domestic and export orders will contribute equally going forward, says Gurunatha Reddy, CFO, Astra Microwave.

Not in talks for investment in FDI in defence: Astra Micro

The company does not have any huge requirement of funds and may liquidate Rs 500 crore order book by FY15-end.

No fresh stake sale to L&T, says Astra Microwave MD

News of engineering and construction major Larsen and Toubro (L&T) buying fresh stake in Astra Microwave was doing the round. However, B Malla Reddy, Managing Director of Astra Microwave refuted any such claims and said L&T already has around 9.6 percent stake and they haven‘t bought fresh stake in Astra Microwave.

New orders to push revenue to Rs 200 cr: Astra Microwave

Astra Microwave Products recently won orders worth Rs 50 crore. S Gurunatha Reddy, CFO, joins CNBC-TV18 to discuss how that bodes for the company in terms of financials