Wires & Cables company Paramount Communications announced Q1FY26 results Revenue From Operations: Rs 4,511.2 million compared to Rs 3,210.5 million during Q1FY25, change 40.5%. EBITDA: Rs 328.7 million compared to Rs 299.1 million during Q1FY25, change 9.9%. EBITDA Margin: 7.0% for Q1FY26. PBT: Rs 251.9 million compared to Rs 259.0 million during Q1FY25, change -2.7%. PAT: Rs 185.0 million compared to Rs 253.0 million during Q1FY25. PAT Margin: 3.9% for Q1FY26. EPS: Rs 0.61 for Q1FY26. Management Commentary: The company witnessed revenue growth of 40.5% versus the same quarter last year, with revenue from operations increasing to Rs 451.1 crore in Q1FY26 from Rs 321.1 crore in Q1FY25. However, there was an impact on the operating margin. EBITDA for the quarter stood at Rs 32.87 crore, a growth of 9.9% over Rs 29.91 crore in Q1FY25. In April 2025, the US administration imposed an extra tariff on all imports coming into the US. The company, in Q1, exported Rs 206.41 crore to the USA. The company had to absorb a significant part of the additional tariff on goods under process as well as on orders in hand from our US customers, which negatively impacted our operating margin in Q1FY26. Furthermore, in August 2025, the US administration increased this duty to 25% while also placing an additional 25% penalty tariff on all Indian goods. As the company has substantial revenue from USA exports, we are actively working to de-risk ourselves from this situation by covering the export deficit from our domestic market. However, the company expects a temporary impact on its revenue and profitability due to this evolving situation. The domestic market remains healthy and buoyant with good demand emerging in the renewables sector, continuing capex by power generation and transmission companies, and growing investment by private industries across sectors like steel, cement, data centres, real estate, etc. There is also an improvement in demand for the railway and telecom products of the company. The management remains bullish on the domestic markets and positive for the company’s prospects in the medium and long term. Result PDF