Outcome of the 1st Board Meeting of Financial Year 2025-26 and declaration of the Audited Financial Results for the quarter and year ended 31.03.2025
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Paramount Cosmetics' Board met on May 29, 2025 and approved the audited financial results for the quarter and year ended March 31, 2025. Revenue from operations for FY25 dropped sharply to about Rs. 597.86 lakhs from Rs. 2,180.62 lakhs in FY24, a decline of roughly 73%. The company reported a small profit before tax but ended the year with a negative EPS of Rs. (1.70) versus Rs. 0.06 in FY24, indicating a marginal loss for shareholders. Statutory auditors Sharma & Pagaria issued an unmodified (clean) opinion. The Board also re-appointed the Secretarial Auditor (Brajesh Gupta & Co.) and Internal Auditor (Mr. Venkatesh P A) for FY 2025-26.
A steep revenue fall and swing to negative EPS signal weak operating performance and may weigh on the stock in the short term, though the clean audit opinion and unchanged auditor appointments provide some stability. Shareholders should watch for recovery in sales and clearer profitability in upcoming quarters.