Paramount Communications Limited has informed the Exchange regarding Appointment of Anjali Verma as Non- Executive Independent Director of the company w.e.f. July 01, 2025.
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Paramount Communications held a board meeting on May 21, 2025 and approved audited financial results for FY25. Standalone revenue jumped nearly 49% to Rs. 1,55,865.52 lakhs from Rs. 1,04,727.52 lakhs a year ago, while profit after tax rose modestly to Rs. 8,672.03 lakhs (vs Rs. 8,538.67 lakhs in FY24). EPS for the year stood at Rs. 2.85. Consolidated revenue grew to Rs. 1,57,560.21 lakhs with PAT of Rs. 8,697 lakhs. The board appointed two new Independent Directors — Sanjay Kumar Srivastava (5-year term) and Anjali Verma (3-year term), both effective July 1, 2025, subject to shareholder approval. Independent Director Narendra Kumar Goyal resigned effective May 16, 2025, citing health reasons. The Audit and Nomination & Remuneration Committees were reconstituted. Cost, internal and secretarial auditors were also re-appointed for FY26.
Strong top-line growth of around 49% year-on-year is a positive signal, though flat bottom-line growth suggests margin pressure or higher costs. The board refresh with two independent directors (one replacing a resigning member) maintains governance continuity but is unlikely to move the stock on its own.