Krishna Defence share price extended its rally on June 18, 2026, rising 4.67% to ₹1,367 at 9:56 AM after the company announced a new order from the Ministry of Defence.
The order announcement follows the company's regulatory filing dated June 16, 2026, under which it received a contract worth ₹45.64 crore, inclusive of taxes, for the supply of special steel products for a shipbuilding project.
According to the company's exchange filing, Krishna Defence and Allied Industries Limited has secured a domestic order from the Ministry of Defence for the supply of special steel products.
The contract is valued at ₹45.64 crore, inclusive of taxes, and is scheduled to be executed within a period of 8 months. The company stated that the order will be supplied under general contract conditions for the Ministry's shipbuilding project.
On a consolidated basis, Krishna Defence and Allied Industries reported a net profit of ₹12.81 crore in Q4 FY26, up 72.87% from ₹7.41 crore reported in Q4 FY25.
The company's net sales increased 42.18% to ₹64.85 crore during the quarter ended March 2026 compared with ₹45.61 crore in the corresponding quarter of the previous year.
Krishna Defence and Allied Industries is an integrated defence manufacturing company with in-house capabilities for designing, developing, and manufacturing advanced defence systems and precision components. The company caters to defence and strategic sectors through specialised engineering and manufacturing solutions.
Krishna Defence and Allied Industries has received a ₹45.64 crore order from the Ministry of Defence for the supply of special steel products for a shipbuilding project, with execution scheduled over 8 months. Following the announcement, Krishna Defence share price touched an all-time high during trading on June 18, 2026.
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Published on: Jun 18, 2026, 10:32 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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