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(24 May 2024, 17:21)

Paramount Communications consolidated net profit rises 113.70% in the March 2024 quarter

Sales rise 60.02% to Rs 323.37 crore


Net profit of Paramount Communications rose 113.70% to Rs 29.49 crore in the quarter ended March 2024 as against Rs 13.80 crore during the previous quarter ended March 2023. Sales rose 60.02% to Rs 323.37 crore in the quarter ended March 2024 as against Rs 202.08 crore during the previous quarter ended March 2023.

For the full year,net profit rose 79.25% to Rs 85.63 crore in the year ended March 2024 as against Rs 47.77 crore during the previous year ended March 2023. Sales rose 34.42% to Rs 1070.60 crore in the year ended March 2024 as against Rs 796.47 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales323.37202.08 60 1070.60796.47 34
OPM %8.385.57 -8.346.02 -
PBDT28.4616.08 77 91.3657.03 60
PBT25.8913.80 88 81.9847.77 72
NP29.4913.80 114 85.6347.77 79

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