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Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
Paramount Communications is holding its 32nd AGM via VC/OAVM and has provided a web-link for its Annual Report FY26 to shareholders.
Paramount starts FY27 strong with Q1 revenue up 17.4% YoY to ₹529.4 Cr. Operating profit surged 129.2% to ₹34.7 Cr, expanding margins by 320 bps. A healthy orderbook of ₹615 Cr and robust export revenue of ₹155 Cr underpin future growth.
Paramount delivered strong Q1 results with revenue at 529.40 Cr and profit at 19.70 Cr. The company secured 95.96 Cr via preferential equity and warrants. It also appointed Harish Bhardwaj as Executive VP-Exports, strengthening leadership with extensive industry experience.
Paramount Wires & Cables allotted ~2.2 Cr equity shares to non-promoters and 72 lakh warrants to promoters, raising Rs. 99.95 Cr. This expanded paid-up capital from Rs. 61.04 Cr to Rs. 65.44 Cr, strengthening the company's financial base.
Paramount Communications has appointed Adfactors PR as its new Investor Relations agency. This aims to strengthen communication with shareholders and enhance investor engagement for the company.