Paramount Communications announced the receipt of a letter of intent from MP Industrial Development Corporation in response to the company`s application for allotment of land admeasuring 30 acres at manufacturing zone for power and renewable energy equipment at Mohasa - Babai, District Narmadapuram, Madhya Pradesh. The industrial land will be allotted to the company on lease for a period of 99 years for setting up an industrial unit for manufacturing of DC and AC cables. Powered by Capital Market - Live News

Net profit of Paramount Communications rose 4.31% to Rs 20.33 crore in the quarter ended September 2024 as against Rs 19.49 crore during the previous quarter ended September 2023. Sales rose 40.98% to Rs 355.89 crore in the quarter ended September 2024 as against Rs 252.44 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales355.89252.44 41 OPM %8.808.45 - PBDT31.8921.72 47 PBT29.1119.50 49 NP20.3319.49 4 Powered by Capital Market - Live News

Paramount Communications will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live News

Paramount Communications announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live News

Net profit of Paramount Communications rose 74.12% to Rs 25.30 crore in the quarter ended June 2024 as against Rs 14.53 crore during the previous quarter ended June 2023. Sales rose 52.49% to Rs 321.06 crore in the quarter ended June 2024 as against Rs 210.54 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales321.06210.54 52 OPM %8.337.97 - PBDT28.6516.71 71 PBT25.9014.53 78 NP25.3014.53 74 Powered by Capital Market - Live News