Paramount Cosmetics (India) Limited has released its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed financial performance with notable revenue growth and a substantial inventory write-off.

Revenue and Profit

The company reported a significant increase in revenue from operations for the quarter:

Paramount Cosmetics saw its revenue from operations surge to Rs 869.23 lakhs in Q2 FY2026, marking a substantial increase from Rs 467.69 lakhs in the previous quarter and Rs 512.53 lakhs in the same quarter last year.

Profitability

The company's net profit for Q2 FY2026 stood at Rs 11.52 lakhs, a notable improvement from a loss of Rs 6.05 lakhs in Q1 FY2026 and a profit of Rs 1.37 lakhs in Q2 FY2025.

Inventory Write-off

A significant development during the quarter was the write-off of inventories amounting to Rs 182.01 lakhs. The company stated that this inventory was assessed as unfit for sale or use due to spoilage and physical damage incurred during handling or storage. The assessment was carried out by the warehouse and quality control teams, who segregated these inventories from the usable and saleable stock.

Financial Position

As of September 30, 2025, Paramount Cosmetics reported:

The company's total assets stood at Rs 3,939.11 lakhs, down from Rs 4,047.87 lakhs as of March 31, 2025.

Board Meeting and Audit Review

The board meeting was held on November 7, 2025, where these results were approved. The Statutory Auditors of the Company have issued an audit report with an unmodified opinion on the results.

Paramount Cosmetics confirmed that the disposal of the written-off inventory items will be carried out in compliance with applicable environmental regulations, including norms prescribed by the Pollution Control Board. The disposal will be undertaken through an approved vendor, with adequate documentation maintained to ensure traceability and regulatory compliance.

Investors can view the detailed unaudited financial results on the company's website or on the website of Bombay Stock Exchange (BSE).

Paramount Cosmetics (India) Limited , a player in the Indian cosmetics industry, has reported a net loss of Rs 6.05 crore for the quarter ended June 30, compared to a profit of Rs 1.35 crore in the same period last year. The company's financial results, released on August 14, reveal a mixed performance for the first quarter.

Financial Performance

Despite the reported loss, Paramount Cosmetics saw an increase in revenue from operations, which rose to Rs 467.69 crore from Rs 372.06 crore year-over-year, marking a growth of about 25.70%. The total income for the quarter stood at Rs 502.76 crore, up from Rs 401.81 crore in the corresponding quarter of the previous year.

The company's expenses also saw an increase, with total expenses rising to Rs 501.70 crore compared to Rs 398.99 crore in the same quarter last year. This increase in expenses, particularly in areas such as finance costs and employee benefits, appears to have contributed to the reported loss.

Earnings per share (EPS) for the quarter stood at negative Rs 0.50, compared to positive Rs 0.11 in the previous year's quarter, reflecting the impact of the loss on shareholder value.

Management Changes

In a significant development, the Board of Directors has approved the re-appointment of Mr. Hiitesh Topiiwaalla as the Managing Director of the company. Mr. Topiiwaalla, who holds a degree in Commerce and possesses extensive experience in the cosmetic industry, has been reappointed for a term of five consecutive years, from April 1, 2026, to March 31, 2031. This reappointment is subject to shareholder approval at the upcoming 40th Annual General Meeting.

Mr. Topiiwaalla is known for his vision of modernization across products, processes, and services, which has led to the expansion of Paramount Cosmetics' growing synergy between innovation and total quality management.

Corporate Governance

The company also announced the resignation of Ms. Ankita Karnani from her position as Company Secretary and Compliance Officer, effective August 26. Ms. Karnani cited personal reasons for her resignation.

Market Reaction and Future Outlook

While the reported loss may concern investors, the increase in revenue suggests that Paramount Cosmetics is experiencing growth in its operations. The reappointment of Mr. Topiiwaalla as Managing Director for another five-year term indicates the board's confidence in his leadership and vision for the company's future.

As Paramount Cosmetics navigates through these financial challenges, stakeholders will be watching closely to see how the company plans to return to profitability while maintaining its growth trajectory in the competitive cosmetics market.