Paramount Cables Q1 Results: Cons PAT zooms 74% YoY to Rs 25.3 crore




Paramount Cables, an industrial wire manufacturer, reported a 74% increase in its consolidated profit after tax, reaching Rs 25.3 crore for the June quarter, driven by higher revenues. This compares to a PAT of Rs 14.5 crore in the April-June period of the previous fiscal year, 2023-24, according to a company statement. Total revenues for the company rose to Rs 324.2 crore, marking a 52% increase from Rs 212.2 crore in the corresponding quarter last year.

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