New Delhi, Nov. 25 -- Defence sector delivered strong performance in the second quarter of FY26, with a healthy revenue growth across companies, supported by accelerated execution in missile, avionics and radar programmes, and broad-based profitability improvement.

Overall revenue across defence companies under Choice Broking's coverage rose 21.8% year-on-year (YoY) and a robust 40.9% quarter-on-quarter (QoQ), while EBITDA grew 10.5% YoY and 37.5% QoQ, although margin contracted due to product mix. Net profit increased 16.6% YoY and 33.5% QoQ, signalling improvement across both, state-run and private defence players.

PSU defence companies delivered a significant recovery in the September quarter, supported by Hindustan Aeronautics (HAL)...