Paramount Communications Limited Announces Q1 Results, Appoints Senior Management Personnel
Paramount Communications Limited released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also announced the appointment of Mr. Harish Bhardwaj as a Senior Management Personnel (SMP) following the Board meeting held on August 14, 2026.The company also fixed the date for its Annual General Meeting (AGM) to Saturday, September 26, 2026, at 12:30 p.m., which will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM).
Financial Performance Highlights
The unaudited results for the first quarter of FY2026 show performance across both standalone and consolidated entities. The company's financial figures were reviewed by Statutory Auditors, who expressed an unmodified opinion on these results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Standalone Financial Results Q1 Ended June 30, 2026 (Rs. in Crores)
| Particulars | Quarter Ended 30.06.2026 Unaudited | Quarter Ended 31.03.2026 Audited | Quarter Ended 30.06.2025 Unaudited | Year Ended 31.03.2026 Audited |
|---|---|---|---|---|
| Revenue from operations | 529.40 | 573.30 | 450.87 | 1,912.16 |
| Other income | 3.09 | 8.93 | 18.00 | 51.77 |
| Total Income | 532.49 | 582.23 | 468.87 | 1,963.93 |
| Total Expenses | 505.95 | 554.77 | 443.19 | 1,882.62 |
| Profit for the period from continuing operations | 19.70 | 20.52 | 19.00 | 60.24 |
| EPS (for continuing operations) Basic/Diluted | 0.64 | 0.67 | 0.62 | 1.97 |
A summary of the consolidated results is provided below:
Consolidated Financial Results Q1 Ended June 30, 2026 (Rs. in Crores)
| Particulars | Quarter Ended 30.06.2026 Unaudited | Quarter Ended 31.03.2026 Audited | Quarter Ended 30.06.2025 Unaudited | Year Ended 31.03.2026 Audited |
|---|---|---|---|---|
| Revenue from operations | 529.40 | 573.31 | 451.12 | 1,913.35 |
| Other income | 3.09 | 8.93 | 17.71 | 51.10 |
| Total Income | 532.49 | 582.24 | 468.83 | 1,964.45 |
| Total Expenses | 505.95 | 554.78 | 443.64 | 1,883.66 |
| Profit for the period from continuing operations | 19.70 | 20.52 | 18.50 | 59.75 |
| EPS (for continuing operations) Basic/Diluted | 0.64 | 0.67 | 0.62 | 1.97 |
Management Appointments and Personnel Update
The Board of Directors approved the appointment of Mr. Harish Bhardwaj as Senior Management Personnel (SMP) of the Company, effective from August 15, 2026.Mr. Bhardwaj is reported to be a result-oriented professional with over 35 years of experience spanning various industries including Cables, Wires, Switchgear, LV Electricals, and Lighting. His expertise encompasses setting up distribution networks, project business development, channel partner growth, outsourcing, product sourcing, and strategic alliances or joint ventures. He has also led end-to-end export operations covering strategic planning, distributor onboarding, market expansion across the MEA region, Europe, and Asia. The company confirmed that Mr. Bhardwaj is not related to any of the Directors or Key Managerial Personnel (KMP).
Segment Performance Overview
The consolidated financial results for the quarter ended June 30, 2026, include two reportable segments: "Wire and Cables" and "Pipes." The segment results provide a breakdown of performance, profitability, and assets.Consolidated Unaudited Segment Information for Q1 Ended June 30, 2026 (Rs. in Crores)
| Particulars | Wire and Cables | Pipes |
|---|---|---|
| Total Revenue from Operations | 529.40 | - |
| Profit/(loss) before tax | 26.54 | - |
| Profit/(loss) After tax | 19.70 | - |
| Total Segment Assets | 1,248.37 | - |
The "Wire and Cables" segment registered a profit after tax of 19.70 Crores, while the segment's total assets stood at 1,248.37 Crores.
PARACABLES Stock Price Movement
As of 2:58 PM, Paramount Communications Limited shares slip by 1.00%, trading at ₹68.00 after shedding ₹0.69 from the previous close. The equity maintains high activity with a traded volume of 1.32 million shares as it trades near its intraday low of ₹67.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.