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Paramount Communications announces Q2 results: Profit Rises by 4.31% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 40.98 % in the past year, substantial increase in net sales/revenue by 10.85 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 20.8 %. Marginal decrease of -27.49% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Paramount Communications Limited. Notable increase of 4.32 % in net profit Year to Year, Paramount Communications Limited’s profitability dropped by -19.64 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -22.09 % Year to Year. EPS decreased by -19.28 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Paramount Communications Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 252.435 Cr Rs. 321.057 Cr Rs. 355.888 Cr + 10.85 % + 40.98 %
Expenses Rs. 231.11 Cr Rs. 294.29 Cr Rs. 324.58 Cr + 10.29 % + 40.44 %
Operating Profit Rs. 21.33 Cr Rs. 26.77 Cr Rs. 31.31 Cr + 16.96 % + 46.79 %
OPM % 8.45 % 8.34 % 8.8 % + 0.46 % + 0.35 %
Other Income Rs. 1.889 Cr Rs. 3.147 Cr Rs. 2.282 Cr -27.49 % + 20.8 %
Interest Rs. 1.49 Cr Rs. 1.26 Cr Rs. 1.7 Cr + 34.92 % + 14.09 %
Depreciation Rs. 2.22 Cr Rs. 2.75 Cr Rs. 2.78 Cr + 1.09 % + 25.23 %
Profit before tax Rs. 19.51 Cr Rs. 25.91 Cr Rs. 29.11 Cr + 12.35 % + 49.21 %
Tax % 0.06 % 2.32 % 30.17 % + 27.85 % + 30.11 %
Net Profit Rs. 19.49 Cr Rs. 25.3 Cr Rs. 20.33 Cr -19.64 % + 4.31 %
EPS in Rs Rs. 0.86 Rs. 0.83 Rs. 0.67 -19.28 % -22.09 %


Today, we’re looking at Paramount Communications Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 40.98 %. However, it did see a marginal increase of 10.85 % from the previous quarter. Expenses ticked up slightly by 10.29 % quarter-on-quarter, aligning with the annual rise of 40.44 %. Operating profit, while up 46.79 % compared to last year, faced a quarter-on-quarter increase of 16.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.35 %, but an expansion of 0.46 % sequentially. Other income fell by -27.49 % compared to the last quarter, despite an annual growth of 20.8 %. Interest expenses surged remarkably by 34.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.09 %. Depreciation costs climbed by 1.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.23 %. Profit before tax grew annually by 49.21 % but saw an increase from the preceding quarter by 12.35 %.
Tax expenses as a percentage of profits increased slightly by 30.11 % compared to last year, with a more notable quarter-on-quarter increase of 27.85 %. Net profit rose by 4.31 % year-on-year but witnessed a -19.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -22.09 % but a quarterly fall of -19.28 %. In summary, Paramount Communications Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 252.435 Cr Rs. 321.057 Cr Rs. 355.888 Cr + 10.85 % + 40.98 %
Expenses Rs. 231.11 Cr Rs. 294.29 Cr Rs. 324.58 Cr + 10.29 % + 40.44 %
Operating Profit Rs. 21.33 Cr Rs. 26.77 Cr Rs. 31.31 Cr + 16.96 % + 46.79 %
Net Profit Rs. 19.49 Cr Rs. 25.3 Cr Rs. 20.33 Cr -19.64 % + 4.31 %
EPS in Rs Rs. 0.86 Rs. 0.83 Rs. 0.67 -19.28 % -22.09 %


In reviewing Paramount Communications Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.98 % year-on-year growth, however, there was a minor increase of 10.85 % from the previous quarter. Expenses rose by 40.44 % compared to the previous year, with a 10.29 % increase quarter-on-quarter. Operating Profit surged by 46.79 % annually, and saw a 16.96 % increase from the last quarter.
Net Profit showed yearly increase of 4.31 %, and experienced a -19.64 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -22.09 % annually, however dipped by -19.28 % compared to the last quarter. In essence, while Paramount Communications Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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