Paramount Communications Q2 FY27 PAT Jumps 82.94%, Revenue up 30.93%
Paramount Communications Ltd. [NSE: PARACABLES, BOM: 530555], an Indian manufacturer of wires and cables, has announced its financial results for Q2 of FY27.
Paramount’s Standalone Financial Figures for Q2 FY27
In Q2 FY27, Paramount Communications clocked a standalone revenue from operations of ₹560.40 crore and a corresponding Profit After Tax (PAT) of ₹24.24 crore.
Paramount Communications Consolidated Q2 FY27 Figures
YoY Comparison of Consolidated Figures: Q2 FY27 vs. Q2 FY26
Paramount reported a consolidated revenue of ₹560.40 crore in Q2 FY27, representing an excellent growth of 30.93% Year-over-Year (YoY) against Q2 FY26’s revenue of ₹428 crore. Meanwhile, company’s PAT far outstripped the top-line revenue growth, increasing 82.94% YoY to ₹24.24 crore in Q2 FY27 from Q2 FY26’s PAT of ₹13.25 crore.
The company’s Earnings Per Share (EPS) in Q2 FY27 stood at ₹0.74, increasing 72.09% from ₹0.43 reported in Q2 FY26.
Profitability Rebounds: Operating Margins Reach 7.3%
This surge in PAT was primarily due to the increase in operating profit margins from last year’s corresponding quarter. Operating margins increased from 1.3% in Q2 FY26 to 7.3% in Q2 FY27, mentioned Mr. Sanjay Aggarwal, Chairman and Chief Executive Officer (CEO), Paramount Communications. Company’s profitability had taken a hit in Q2 FY26 due to sudden U.S. import tariffs under International Emergency Economic Powers Act (IEEPA), where Paramount absorbed customs duties. Following U.S. Supreme Court ruling that struck down IEEPA tariffs in February 2026, U.S. export logistics and pricing realizations have normalized.
Commenting on the export outlook, Mr Aggarwal said, “We expect U.S. exports to constitute 25% to 30% of our revenues for the full FY27, and we will continue to grow U.S. revenues in a measured way rather than pressing the accelerator too hard.”
QoQ Analysis of Consolidated Figures: Q2 FY27 vs. Q1 FY27
Quarter-over-Quarter (QoQ) analysis of company’s revenue in Q2 FY27 showcased a 5.86% increase against ₹529.40 crore earned in Q1 FY27. As for Q2 FY27’s PAT, a healthy QoQ increase of 23.05% was observed when compared with Q1 FY27’s PAT of ₹19.70 crore.
Domestic Sales Drive Top-Line Revenue Growth
Paramount Communications’ top-line revenue majorly came from domestic sales, which formed 71.8% of the total revenue, where domestic power cables alone contributed 55.9%. The strong domestic sales were driven by renewable energy grid integration, transmission modernization, and utility capex.
Detailing the domestic revenue breakup, Mr Aggarwal said, “Within domestic, our B2B institutional business was INR 296.7 crores, B2C retail and distribution was INR 53.7 crores and B2C government and PSUs was INR 51.9 crores.”
Power Cables Form 78.7% of ₹731 Cr Order Book
As of 30th September 2026, company’s order book stood at ₹731 crores, of which ₹632 crores came from domestic orders and ₹99 crore from export orders. Power Cables and specialized conductors formed the bulk of the order book, contributing ₹575 crore, i.e., 78.66% of the total order book.
Narmadapuram Plant Expected to Contribute ₹1,200 Cr. to Revenue
Paramount’s existing manufacturing facilities, namely, Dharuhera and Khushkhera plants, are currently operating at optimal utilization to service their current executable order book. To provide commercial production relief, the company had announced a ₹300-crore greenfield expansion at Narmadapuram, Madhya Pradesh.
The upcoming Narmadapuram plant’s contribution in revenue is projected to be around ₹500 crore in FY28, before scaling to ₹1,200 crore at full utilization by FY29. The expansion is expected to be partially commissioned in Q1 FY28.
Highlighting the importance of this expansion, Mr Parth Aggarwal, President- Marketing, Paramount Communications, said: “Our Dharuhera and Khushkhera plants continue to operate at optimal utilization, which underlines why Narmadapuram is so central to our next phase of growth.”
About Paramount Communications: Paramount Communications is engaged in wire and cable manufacturing. The company has a wide product range, including Railway Cables, High Voltage & Low Voltage Power Cables, Fire Survival Cables, Instrumentation & Data Cables, Specialised Cables, Optical Fiber Cables, and Telecom Cables. The company has two manufacturing facilities, one of which is situated in Khushkhera, Rajasthan, while the other is in Dharuhera, Haryana.
