Paramount Communications Reports Q1 Results, Schedules AGM, and Approves Director Continuation Aug 13, 2025
Paramount Communications announced Q1 FY24 results with standalone revenue up 43.90% YoY to Rs 450.87 crore. Net profit declined to Rs 19.00 crore from Rs 25.18 crore last year. The company received a one-time gain of Rs 13.91 crore from a keyman insurance policy. The Board scheduled the 31st AGM for September 29 and approved the continuation of Mr. Vijay Maheshwari as Director upon reaching 75 years, subject to shareholder approval.
Paramount Communications Plans Rs 135 Crore Fund Raise, Appoints New Directors Jul 24, 2025
Paramount Communications released Q4 financial results showing strong revenue growth but declining profitability. Revenue increased 57% year-over-year to ₹5,070.00 million. EBITDA grew 16.90% to ₹316.90 million, but EBITDA margin fell to 6.25% from 8.39%. Net profit decreased 36.50% to ₹187.40 million compared to the same quarter last year. The results highlight the company's ability to capture market demand while facing challenges in maintaining profitability amid rapid growth.