Paramount Communications Limited has informed the Exchange regarding Appointment of Sanjay Kumar Srivastava as Non- Executive Independent Director of the company w.e.f. July 01, 2025.
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Paramount Communications Limited's board, at its May 21, 2025 meeting, approved audited financial results for FY ended March 31, 2025. Standalone revenue from operations jumped about 49% to Rs. 1,55,865 lakhs (vs Rs. 1,04,727 lakhs in FY24), while profit after tax rose marginally to Rs. 8,672 lakhs from Rs. 8,539 lakhs. Operating cash flow turned strongly positive at Rs. 10,209 lakhs compared with a negative Rs. 10,097 lakhs last year, a major improvement. On the board side, two new non-executive independent directors (Sanjay Kumar Srivastava for 5 years and Anjali Verma for 3 years) will join effective July 1, 2025, subject to shareholder approval, while Narendra Kumar Goyal resigned effective May 16, 2025 citing health reasons. Cost, internal, and secretarial auditors were also re-appointed or newly appointed for FY 2025-26.
Strong revenue growth and a sharp swing to positive operating cash flow are positives for shareholders, though EPS dipped slightly to Rs. 2.85 from Rs. 3.28 due to higher share count and expenses. The board reshuffle is routine — one independent director exit and two new independent additions, keeping the board composition balanced.