Board approves results to 30 September 2026; unmodified audit review; preferential shares and warrants allotted
Board met on 26 October 2026 and approved standalone and consolidated unaudited results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 560.40 | 428.00 | +30.9% | 529.40 | +5.9% |
| Total income | 564.20 | 447.64 | +26% | 532.49 | +6% |
| Profit before tax | 32.39 | 17.80 | +82% | 26.54 | +22% |
| Profit after tax | 24.24 | 13.25 | +82.9% | 19.70 | +23% |
| Total comprehensive income | 24.29 | 13.24 | +83.5% | 19.75 | +23% |
| Basic EPS | 0.74 | 0.43 | +72.1% | 0.64 | +15.6% |
- Profit after tax YoY growth
- +82.9%
- Period
- Quarter Ended 30.09.2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- On 6th November, 2025 the company divested its entire holding in Valens Technologies Private Limited; current periods exclude it, so figures are not directly comparable with prior periods.
- Preferential issue: 2,19,97,664 equity shares at Rs. 42/- allotted 01.07.2026 (Rs. 92.39 Crores raised) and 72,00,000 warrants (Rs. 7.56 Crores); un-utilised amount Rs. 26.66 Crores.
- On 14.07.2026, 31,995 equity shares of Rs. 2/- each allotted to employees under Paramount Communications - Stock Incentive Plan.
- Consolidated results include two reportable segments: "Wires & Cables" and "Pipes".
What the board approved
The board of Paramount Communications met on 26 October 2026 and approved the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026, along with the statutory auditors' limited review reports on them. The audit committee reviewed the results the same day.
Results in numbers (standalone, unaudited)
- Revenue from operations for the quarter: Rs. 560.40 crore
- Profit for the period for the quarter: Rs. 24.24 crore
- Revenue from operations for the half year: Rs. 1,089.80 crore
- Profit for the period for the half year: Rs. 43.94 crore
The consolidated statement shows the same revenue from operations and profit for the period for both the quarter and the half year.
What the auditors concluded
The statutory auditors, P. Bholusaria & Co., carried out a limited review, which is a check narrower than a full audit. They stated that nothing came to their attention that would suggest the results carry a material misstatement or omit required disclosures, and the company's notes record that they expressed an unmodified opinion on the results. On the consolidated results, the auditors noted that the interim figures of subsidiaries were not reviewed by their own auditors and were approved and furnished by management; their conclusion is not modified in respect of that matter.
Other decisions and capital actions
- 2,19,664 equity shares allotted on a preferential basis to non-promoter persons and entities, with funds raised of Rs. 92.39 crore
- 72,00,000 convertible equity share warrants allotted to promoters, each convertible into one equity share, on which application money has been received
- Of the amounts raised, Rs. 26.66 crore remained un-utilised as at 30 September 2026, parked in mutual funds and an utilisation account with a scheduled bank
- Equity shares were also allotted to employees who exercised options under the Paramount Communications Stock Incentive Plan
- The notes state the funds raised were used for the purpose they were raised for, with no deviation in utilisation
What a retail investor can take away
The update places the quarterly and half-yearly results alongside details of recent capital raising. Standalone profit for the period was Rs. 24.24 crore for the quarter on revenue from operations of Rs. 560.40 crore, and Rs. 43.94 crore for the half year on revenue from operations of Rs. 1,089.80 crore. Separately, the company brought in fresh money through the preferential allotment of shares and warrants, a part of which was still un-utilised at the end of the quarter.
Also from Paramount Communications
Paramount Communications posts audio recording of Q2 FY27 investor conference call
27 Oct 2026
Paramount Communications Q2 FY27 revenue up 31.1% to ₹560 Cr, PAT up 82.8%; Narmadapuram EHV plant on track for Q1 FY28
26 Oct 2026
Paramount Communications Ltd-$ press release, Q2 FY27
26 Oct 2026
More numbers
- Revenue from operations, standalone, half year ended 30.09.20261,089.80 crore
- Profit for the period, standalone, half year ended 30.09.202643.94 crore
- Equity shares allotted on preferential basis to non-promoters2,19,664
- Funds raised from preferential issue of equity shares92.39 crore
- Convertible equity share warrants allotted to promoters72,00,000
- Un-utilised amount as at 30 September 202626.66 crore
- Total income, latest quarter564.20 (Rs. In Crores)
- Total income, year-ago quarter447.64 (Rs. In Crores)
- Total income, previous quarter532.49 (Rs. In Crores)
- Total comprehensive income, latest quarter24.29 (Rs. In Crores)
- Total comprehensive income, year-ago quarter13.24 (Rs. In Crores)
- Total comprehensive income, previous quarter19.75 (Rs. In Crores)
- Profit after tax, latest quarter24.24 (Rs. In Crores)
- Profit after tax, year-ago quarter13.25 (Rs. In Crores)
- Profit after tax, previous quarter19.70 (Rs. In Crores)
- Revenue from operations, latest quarter560.40 (Rs. In Crores)
- Revenue from operations, year-ago quarter428.00 (Rs. In Crores)
- Revenue from operations, previous quarter529.40 (Rs. In Crores)
- Profit before tax, latest quarter32.39 (Rs. In Crores)
- Profit before tax, year-ago quarter17.80 (Rs. In Crores)
- Profit before tax, previous quarter26.54 (Rs. In Crores)
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