Paramount Communications Limited has informed the Exchange regarding 'Book Closure for the purpose of 31st AGM'. from September 23, 2025 to September 29, 2025
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Paramount Communications reported standalone revenue from operations of Rs 450.87 crores in Q1 FY26 (ended June 30, 2025), up about 44% from Rs 313.32 crores in Q1 FY25. However, profit after tax fell to Rs 19.00 crores from Rs 25.18 crores, a drop of roughly 25%, as margins were pressured by higher input costs and other expenses. Other income of Rs 18 crores includes a one-time Rs 13.91 crores from maturity of a keyman insurance policy with LIC, which boosted reported profits. Consolidated results show a similar pattern, with revenue of Rs 451.12 crores and PAT of Rs 18.50 crores. The board fixed September 29, 2025 as the date of the 31st AGM, with book closure from September 23 to 29, and approved the continuation of Mr. Vijay Maheshwari as Director beyond age 75, subject to shareholder approval. Auditors P. Bholusaria & Co. issued an unmodified limited review opinion on the results.
Strong top-line growth is a positive, but bottom-line decline signals margin pressure; shareholders should note that a large chunk of Q1 profit came from a one-off insurance payout. The AGM and director items are routine procedural matters with no immediate price impact.