Paramount Communications Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Paramount Communications Ltd reported a 10.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 38.3%.
- Its expenses for the quarter were up by 10.9% QoQ and 38.3% YoY.
- The net profit increased 11.2% QoQ and increased 2.6% YoY.
- The earnings per share (EPS) of Paramount Communications Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 395.34 | 358.17 | 285.83 | 10.4% | 38.3% |
Total Expenses | 364.81 | 329.06 | 263.78 | 10.9% | 38.3% |
Profit Before Tax | 30.53 | 29.11 | 22.06 | 4.9% | 38.4% |
Tax | 7.93 | 8.78 | 0.03 | -9.7% | 26333.3% |
Profit After Tax | 22.60 | 20.33 | 22.03 | 11.2% | 2.6% |
Earnings Per Share | 0.70 | 0.70 | 0.80 | 0.0% | -12.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Paramount Communications Ltd operates within the telecommunications industry, focusing primarily on manufacturing a comprehensive range of cables including power cables, optical fiber cables, and communication cables. The company serves a diverse set of industries such as power, industrial, and telecommunications sectors. As of the most recent updates, there are no specific developments or notable changes in the company's strategic direction or operations that are publicly disclosed. Paramount Communications has a reputation for innovation within its product offerings, aiming to meet the evolving needs of its clientele across various sectors.
Revenue
In the third quarter of fiscal year 2025, Paramount Communications Ltd reported a total income of ₹395.34 crores. This marks a quarter-over-quarter increase of 10.4% from the ₹358.17 crores reported in the previous quarter, Q2FY25. Year-over-year, the total income increased by 38.3% from ₹285.83 crores in Q3FY24. This growth in revenue reflects the company's ability to enhance its sales performance over both short and long-term periods. The steady increase in total income highlights the company's strong market presence and effective business strategies.
Profitability
Paramount Communications Ltd's profitability improved in Q3FY25, with a profit before tax of ₹30.53 crores, representing a 4.9% increase from the ₹29.11 crores in Q2FY25. Compared to Q3FY24, the profit before tax increased by 38.4% from ₹22.06 crores. The profit after tax for Q3FY25 was ₹22.60 crores, an 11.2% increase from the previous quarter's ₹20.33 crores. Year-over-year, this figure shows a modest increase of 2.6% from ₹22.03 crores. The earnings per share remained constant at ₹0.70 in both Q3FY25 and Q2FY25, showing a 12.5% decrease compared to ₹0.80 in Q3FY24. The tax paid in Q3FY25 was ₹7.93 crores, which was lower by 9.7% compared to the previous quarter but significantly higher year-over-year due to a very low tax base in Q3FY24.
Operating Metrics
The total expenses for Q3FY25 amounted to ₹364.81 crores, which is a 10.9% increase from Q2FY25's ₹329.06 crores. Year-over-year, the total expenses grew by 38.3% from ₹263.78 crores in Q3FY24. The rise in expenses corresponds with the increase in revenue, indicating operational scaling. Despite the higher expenses, the company's ability to maintain a positive profit margin reflects on its operational efficiency. The consistent earnings per share, despite the fluctuations, suggest stable operational performance relative to the changes in revenue and profit figures. The data does not provide specific details on other operating metrics such as production volumes or market share which would typically complement financial analyses.
