Paramount Communications' Q1 FY 2025-26 Quarterly Results

Result Summary

• Paramount Communications Ltd reported a 43.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 44.6%.
• Its expenses for the quarter were up by 47.8% QoQ and 48.7% YoY.
• The net profit decreased 37.3% QoQ and decreased 26.9% YoY.
• The earnings per share (EPS) of Paramount Communications Ltd stood at 0.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Paramount Communications Ltd is a company engaged in the manufacturing and distribution of cables and wires. The company primarily serves sectors such as power, telecommunications, and infrastructure, providing a range of products including power cables, telecom cables, and optical fiber cables. The company has established a significant presence in its industry, catering to both domestic and international markets. As of the latest, there is no specific recent major development known for the company. However, Paramount Communications Ltd continues to focus on enhancing its product offerings and expanding its market footprint.

Revenue

During Q1FY26, Paramount Communications Ltd reported a total income of ₹468.83 crores, compared to ₹326.14 crores in Q4FY25 and ₹324.20 crores in Q1FY25. This represents a quarter-over-quarter (QoQ) increase of 43.8% and a year-over-year (YoY) increase of 44.6%. The company's revenue growth reflects robust performance over both the previous quarter and the same period last year. The significant increase in revenue can be attributed to various factors, including potential increases in demand for its products across its served industries.

Profitability

The company's profitability metrics indicate mixed results. The Profit Before Tax (PBT) for Q1FY26 was ₹25.19 crores, slightly below the ₹25.89 crores recorded in Q4FY25 and the ₹25.90 crores in Q1FY25, showing a decline of 2.7% both QoQ and YoY. The Tax expense in Q1FY26 was ₹6.69 crores, a notable change from a tax refund of ₹3.61 crores in Q4FY25 and a tax expense of ₹0.60 crores in Q1FY25, resulting in a YoY increase of 1015.0%. Consequently, Profit After Tax (PAT) decreased to ₹18.50 crores in Q1FY26 from ₹29.49 crores in Q4FY25 and ₹25.30 crores in Q1FY25, marking a QoQ decline of 37.3% and a YoY decline of 26.9%. Earnings Per Share (EPS) also fell from ₹1.00 in Q4FY25 and ₹0.80 in Q1FY25 to ₹0.60 in Q1FY26, representing a QoQ decrease of 40.0% and a YoY decrease of 25.0%.

Operating Metrics

Paramount Communications Ltd's total expenses in Q1FY26 amounted to ₹443.64 crores, up from ₹300.25 crores in Q4FY25 and ₹298.30 crores in Q1FY25. This reflects a QoQ increase of 47.8% and a YoY increase of 48.7%. The rise in total expenses suggests an increase in operational costs, which could be attributed to various factors such as higher raw material costs or expanded business activities. Despite the increase in revenues, the significant rise in expenses impacted the company's overall profitability. The financial data points to a period of substantial operational scaling, with increased costs accompanying revenue growth.