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Wires & Cables company Paramount Communications announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company's total income for Q1FY27 stood at Rs 532.49 crore, representing a growth of 13.58% compared to Rs 468.83 crore in Q1FY26. On a sequential basis, total income declined by 8.54% from Rs 582.24 crore in Q4FY26. Revenue from Operations: Revenue grew by 17.35% YoY to Rs 529.40 crore in Q1FY27 from Rs 451.12 crore in Q1FY26. It witnessed a QoQ decrease of 7.66% from Rs 573.31 crore in Q4FY26. Net Profit: The Group reported a Net Profit of Rs 19.70 crore for Q1FY27, a YoY increase of 6.49% from Rs 18.50 crore in Q1FY26. On a QoQ basis, net profit decreased by 4.00% from Rs 20.52 crore in Q4FY26. Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was Rs 0.64, compared to Rs 0.61 in Q1FY26 and Rs 0.67 in Q4FY26. Standalone Financial Highlights: Total Income: For Q1FY27, standalone total income was Rs 532.49 crore, up 13.57% YoY from Rs 468.87 crore in Q1FY26. Sequentially, it was down 8.54% from Rs 582.23 crore in Q4FY26. Revenue from Operations: Standalone revenue stood at Rs 529.40 crore in Q1FY27, a YoY growth of 17.42% over Rs 450.87 crore in Q1FY26. It decreased by 7.66% QoQ from Rs 573.30 crore in Q4FY26. Net Profit: Standalone net profit for the quarter was Rs 19.70 crore, representing a 3.68% increase from Rs 19.00 crore in Q1FY26. It witnessed a QoQ decline of 4.00% from Rs 20.52 crore in Q4FY26. Business Highlights: Fundraising and Equity Allotment: During Q1FY27, the company received 25% application money (Rs 7.56 crore) for 72,00,000 unlisted convertible warrants issued to Promoters. It also received Rs 88.40 crore as 100% application money for 2,10,47,664 equity shares issued on a preferential basis to non-promoters. Subsequent to the quarter end, an additional Rs 3.99 crore was received for 9,50,000 equity shares, and the company completed the allotment of these warrants and shares. Divestment of Subsidiary: The company divested its entire shareholding in its wholly-owned subsidiary, Valens Technologies Private Limited, on November 6, 2025. Consequently, the results for Q1FY27 and Q4FY26 are not directly comparable with Q1FY26 to that extent, as the earlier figures included the subsidiary's operations. Senior Management Appointment: The Board approved the appointment of Mr. Harish Bhardwaj as Executive Vice President-Exports (Senior Management Personnel) with effect from August 15, 2026. He brings over 35 years of experience in industries including Cables, Wires, Switchgear, and FMEG. Segment-wise Performance: Wires & Cables: This segment remains the primary revenue driver, contributing Rs 529.40 crore in Q1FY27, compared to Rs 450.87 crore in Q1FY26. Segment results (profit before finance cost and tax) for Q1FY27 were Rs 30.31 crore. Pipes: Revenue from the Pipes segment was nil in Q1FY27, compared to Rs 0.52 crore in Q1FY26, following the divestment of the subsidiary associated with this business. Result PDF

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