Paramount Communications Q1FY27 revenue up 17% to ₹529 crore; profit rises
Paramount Communications Ltd reported Q1FY27 standalone revenue of ₹529.40 crore, up 17.4% YoY, driven by the Wire and Cables segment. Net profit rose 3.7% to ₹19.70 crore. EBITDA surged 158% to ₹30.31 crore. The Board appointed Harish Bhardwaj as SMP and fixed the AGM date for September 26, 2026.

*this image is generated using AI for illustrative purposes only.
Paramount Communications delivered robust top-line growth in the first quarter of FY27, reporting standalone revenue from operations of ₹529.40 crore, a significant increase from ₹450.87 crore in the corresponding period last year. This revenue expansion drove substantial operating leverage, as earnings before interest, taxes, depreciation, and amortization (EBITDA) more than doubled to ₹30.31 crore from ₹11.73 crore year-on-year.
The company’s net profit rose to ₹19.70 crore compared to ₹19.00 crore in Q1FY26, representing a 3.7% increase. While operating profits surged, the bottom-line growth was more modest, indicating that factors such as finance costs and tax provisions absorbed a portion of the operating gains. Finance costs increased to ₹6.86 crore from ₹3.95 crore year-on-year, while income tax expense remained relatively stable at ₹6.84 crore.
Financial Performance
| Metric: | Q1FY27 | Q1FY26 | Change |
|---|---|---|---|
| Revenue: | ₹529.40 crore | ₹450.87 crore | +17.4% |
| EBITDA: | ₹30.31 crore | ₹11.73 crore | +158.4% |
| EBITDA Margin: | 5.7% | 2.6% | +310 bps |
| Net Profit: | ₹19.70 crore | ₹19.00 crore | +3.7% |
Consolidated figures mirrored the standalone performance closely, with consolidated revenue at ₹529.40 crore and consolidated net profit at ₹19.70 crore. The segment-wise breakdown reveals that the Wire and Cables segment contributed the entirety of the current quarter’s revenue, following the divestment of its Pipes business interest in November 2025. The Wire and Cables segment generated ₹529.40 crore in revenue and ₹30.31 crore in segment profit before finance costs and unallocated expenses.
Corporate Developments
In addition to financial results, the Board of Directors approved several key corporate actions during its meeting on August 14, 2026:
- Senior Management Appointment: Mr. Harish Bhardwaj, Executive Vice President-Exports, has been appointed as Senior Management Personnel (SMP) effective August 15, 2026. He brings over 35 years of experience in cables, wires, switchgear, and export operations across MEA, Europe, and Asia.
- Annual General Meeting: The 32nd Annual General Meeting is scheduled for September 26, 2026, at 12:30 pm via Video Conferencing / Other Audio Visual Means (VC/OAVM).
- Capital Raise: During the quarter, the company received application money for unlisted convertible warrants issued to promoters and equity shares issued to non-promoters on a preferential basis. Subsequent to the quarter end, the company allotted 72,00,000 warrants and 2,19,97,664 equity shares.
What the Numbers Show
The data reveals a sharp improvement in operational efficiency. While revenue grew by 17.4%, EBITDA grew by 158.4%, demonstrating significant operating leverage. However, net profit grew only 3.7%. This divergence suggests that while core operations became significantly more efficient, the benefit was not fully passed through to shareholders in this quarter, likely due to higher finance costs (up from ₹3.95 crore to ₹6.86 crore) and stable tax outflows. The complete focus on the Wire and Cables segment post-divestment has streamlined operations, contributing to the margin expansion from 2.6% to 5.7%.
Historical Stock Returns for Paramount Communications
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -1.18% | -1.09% | +82.83% | +26.71% | +325.21% |
How will the recent preferential equity issuance and warrant allotment impact existing shareholder dilution and future earnings per share (EPS) growth?
Given the rise in finance costs to ₹6.86 crore, what is the company's strategy for debt restructuring or refinancing to improve net profit margins in subsequent quarters?
With the Pipes business divested, how does management plan to sustain the 17.4% revenue growth trajectory solely through the Wire and Cables segment amid potential market saturation?


































