Paramount Cosmetics (India) Limited has announced its unaudited financial results for the quarter and nine months ended 31st December 2025. The Board of Directors approved these results during their meeting held on 9th February 2026, with the Audit Committee having reviewed them prior to approval.

Financial Performance Overview

The company's financial performance for the quarter showed mixed results compared to the previous year. Revenue from operations declined year-over-year, while profitability improved marginally.

Nine-Month Performance Analysis

The nine-month period ending 31st December 2025 demonstrated stronger performance compared to the corresponding period in the previous year. Revenue growth was accompanied by significant improvement in profitability metrics.

Significant Inventory Write-off

During the quarter, Paramount Cosmetics wrote off inventories amounting to ₹106.99 lakhs. The inventory write-off pertained to items assessed as unfit for sale or use due to spoilage and physical damage incurred during handling or storage. The assessment was conducted by the warehouse and quality control teams, who segregated these inventories from usable and saleable stock.

Management concluded after detailed review and evaluation that these inventories had no recoverable value and were unsellable and unusable. The company confirmed that disposal of these items will be carried out in compliance with applicable environmental regulations, including norms prescribed by the Pollution Control Board, through an approved vendor with adequate documentation for traceability and regulatory compliance.

Operational Expenses and Tax Structure

Total expenses for Q3FY26 stood at ₹542.41 lakhs compared to ₹576.98 lakhs in Q3FY25. The company's expense structure included purchase of stock-in-trade of ₹251.65 lakhs, employee benefits expense of ₹46.42 lakhs, and finance costs of ₹28.18 lakhs. Tax expenses comprised current tax of ₹0.50 lakhs and deferred tax of ₹0.97 lakhs.

Corporate Governance and Compliance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, Sharma & Pagaria, issued an audit report with unmodified opinion on the results. The company maintains a paid-up equity share capital of ₹485.50 lakhs with a face value of ₹10 per share. As a single business segment entity, the requirement of Ind AS 108 "Segment Reporting" is not applicable to the company.

Paramount Cosmetics (India) Limited has announced its 1st Extraordinary General Meeting (EGM) for the Financial Year 2025-26, scheduled to be held on Friday, February 13, 2026, at 11:00 AM through video conferencing and other audio-visual means. The company issued the notice on January 21, 2026, to all members whose email addresses are registered with the company.

Meeting Agenda and Special Business Items

The EGM will address three significant special business items that require shareholder approval through special resolutions:

Articles of Association Amendment

The first resolution proposes to alter the company's Articles of Association by inserting a new clause that exempts the Managing Director from retirement by rotation. The Board of Directors believes that continuity in executive leadership is crucial for maintaining stability, efficiency, and effective management oversight, considering the company's scale of operations and long-term strategic requirements.

The proposed amendment will ensure that the Managing Director shall not be subject to retirement by rotation during the currency of his appointment, allowing for uninterrupted leadership and strategic execution.

Related Party Transaction for Asset Sale

The second resolution seeks approval for a material related party transaction involving the sale of the company's manufacturing facility to Paramount Kum Kum Private Limited (PKPL). The transaction details are as follows:

The company has stated that the manufacturing asset is no longer required for its present and future operations as it focuses primarily on selling and distribution activities. The disposal will enable the company to unlock value, reduce maintenance and operational overheads, improve financial flexibility, and strengthen its liquidity position.

The Audit Committee has reviewed the proposed transaction and confirmed that the terms are at arm's length, in the ordinary course of business, and that the valuation is fair and reasonable based on prevailing market conditions.

Property Sale Authorization

The third resolution requests shareholder approval for the sale of immovable property located at 902/1/A, Pardi Umersadi road, near station, Umersadi, Pardi 396125. The property sale parameters include:

Voting and Participation Details

The company has established the following schedule and procedures for the EGM:

Members whose names appear in the Register of Members or list of Beneficial Owners as on the cut-off date will be entitled to vote on the resolutions. The company has appointed M/s Brajesh Gupta & Co., Company Secretaries, as the Scrutinizer to oversee the e-voting process.

Given the virtual nature of the meeting, the facility for appointment of proxies is not available. However, corporate members may appoint authorized representatives to attend and vote through the e-voting system. The company will provide e-voting facilities through Central Depository Services (India) Limited (CDSL) for both remote voting and voting during the meeting.