Paramount Communications has reported its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 22, 2026. The statutory auditors, M/s. P. Bholusaria & Co., issued an audit report with an unmodified opinion for the standalone and consolidated financial results.

Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of Rs 60.24 crore, a decline of 30.5% compared to Rs 86.72 crore in the previous year. Revenue from operations for the year increased 22.8% to Rs 1,912.16 crore from Rs 1,556.66 crore in the prior year. Total income for the year stood at Rs 1,963.93 crore. The company's earnings per share (EPS) for the year was Rs 1.97 on a basic and diluted basis.

The following table summarises the key annual financial metrics:

Q4 Consolidated Performance

In the quarter ended March 31, 2026, the company's consolidated net profit rose 9.5% to Rs 20.52 crore compared to Rs 18.74 crore in the same period of the previous year. Revenue for the quarter came in at Rs 573.31 crore versus Rs 507.02 crore year-on-year. Total income for the quarter was Rs 582.24 crore. However, profitability metrics reflected margin pressure, with EBITDA declining to Rs 30 crore from Rs 31.7 crore year-on-year, and EBITDA margin contracting to 5.23% from 6.30% in the corresponding quarter of the prior year.

The following table presents the key Q4 consolidated metrics on a year-on-year basis:

Segment and Operational Highlights

The consolidated financial results include two reportable segments: "Wires & Cables" and "Pipes". The Wires & Cables segment reported revenue of Rs 1,912.17 crore for the year, while the Pipes segment reported revenue of Rs 6.41 crore. The company divested its entire shareholding in its wholly owned subsidiary, Valens Technologies Private Limited, on November 6, 2025.

Domestic revenue grew 26.8% to Rs 1,361.7 crore, increasing its share to 71.2% of total revenue. B2B Institutional revenue grew 37.3% to Rs 1,001.3 crore, led by power cables. Export revenue grew 13.9% to Rs 550.4 crore, despite US tariff disturbances. The company remains the largest LV cable exporter from India to the US in CY2025.

Board Decisions and Future Guidance

The Board of Directors, upon the recommendation of the Audit Committee, approved the re-appointment of M/s. Jain Sharma & Associates as Cost Auditors and M/s. Jagdish Chand & Co. as Internal Auditors for the financial year 2026-27. The trading window closure, which was effective from April 01, 2026, will remain in effect until 48 hours after the declaration of the financial results.

The company announced that its Narmadapuram greenfield project in Madhya Pradesh is progressing, with civil and site drawing preparation underway. Operations are expected to partly commence in Q1 FY28. The project involves an investment of approximately Rs 300 crore over 2-3 years and will focus on Extra-High-Voltage (EHV) cables up to 132 kV. The order book as of March 31, 2026, stood at Rs 583.3 crore.

Param Communications Limited has scheduled a plant visit and interaction with a group of analysts and investors. The event is set to take place on May 26, 2026, commencing at 10:00 A.M., pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The interaction will provide participants with an opportunity to visit the company's manufacturing facilities. The locations included in the visit are the Khushkhera Industrial Area in District Alwar, Rajasthan, and the Industrial Estate in Dharuhera, District Rewari, Haryana.

During the session, the company will discuss information that is already publicly available. Officials noted that the schedule is subject to change due to unforeseen circumstances involving either the participants or the company.

The following table outlines the key details of the scheduled interaction:

The intimation was submitted to the BSE Limited and the National Stock Exchange of India Limited for their records.