Results - Announcements
Paramount Communications Ltd share price ticked higher by 3.55% to Rs 59.72 after the company's net profit surged by 23.05% to Rs 24.24 crore, while revenue from operations improved marginally 5.86% to Rs 560.4 crore in Q3FY26 over Q2FY26.
The market capitalization of Cables - Electricals industry group stocks on BSE stood at Rs 2.49 lakh crore, rising by 11.41%. It has slipped by 6.74% over last one week and dropped by 11.57% in last one month while the market capitalization of Paramount Communications Ltd has softened by 9.78% and 6.06% in the same period respectively.
Profit before tax (PBT) of Paramount Communications Ltd stood at Rs 32.39 crore in Q3 FY26, expanding by 81.97% year-on-year, and jumping 22.04% quarter-on-quarter. EBITDA came in at Rs 37 crore, crashing by 376.12% YoY and rallying 17.25% sequentially.
Total expenses inched up 4.98% to Rs 523.92 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 432.33 crore, posting a minor increase of 0.91% YoY, while employee benefits expense was at Rs 12.21 crore, registering a growth of 7.58% YoY.
For the TTM ended FY26, revenue from operations jumped by 21.44% to Rs 1913.35 crore, while net profit plunged by 31.30% to Rs 59.75 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 11456% to Rs 15.23 crore, and PBT tanked by 27.16% to Rs 80.82 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 38.02 crore in FY26, as against Rs 104.09 crore in FY25.
Paramount Communications Ltd rallied 35.54% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.