-
Paramount Cosmetics posts strong Q2 growth in India
Paramount Cosmetics (India) Ltd has reported a strong growth in its Q2 results, led by a robust performance in its domestic market. The company's revenue grew by 12.4% to Rs 2,200 crore, while its net profit increased by 16.3% to Rs 350 crore. The growth was driven by a strong demand for the company's products in the mass market segment, as well as the launch of new products in the premium segment. Paramount Cosmetics is one of the leading cosmetics companies in India, with a strong presence in the mass market segment. The company's products are sold through a network of over 100,000 retail outlets across the country. Paramount Cosmetics has also been expanding its presence in the premium segment, with the launch of new brands such as Colorbar and Lakme Absolute. The company's Q2 results are a reflection of the strong demand for cosmetics in India, as well as the company's ability to capitalise on this demand.
-
Paramount Cosmetics to invest Rs 100 crore in new plant
Paramount Cosmetics (India) Ltd is planning to invest Rs 100 crore in a new plant in Madhya Pradesh. The new plant will be the company's first manufacturing facility in the state, and will help to meet the growing demand for its products in the central India region. The plant is expected to be operational by the end of 2024, and will create employment opportunities for over 500 people. Paramount Cosmetics is one of the leading cosmetics companies in India, with a strong presence in the mass market segment. The company's products are sold through a network of over 100,000 retail outlets across the country. Paramount Cosmetics has also been expanding its presence in the premium segment, with the launch of new brands such as Colorbar and Lakme Absolute. The company's investment in a new plant in Madhya Pradesh is a reflection of its commitment to the Indian market, and its confidence in the growing demand for cosmetics in the country.
-
Paramount Cosmetics Launches New Range of Skin Care Products
The new range of skin care products from Paramount Cosmetics includes a variety of cleansers, moisturizers, and serums designed to address the needs of different skin types. The products are formulated with natural ingredients and are free from parabens, sulfates, and phthalates.
-
Paramount Cosmetics Partners with Leading E-commerce Retailer
Paramount Cosmetics has partnered with a leading e-commerce retailer to make its products more accessible to consumers. The partnership will allow consumers to purchase Paramount Cosmetics products online and have them delivered to their doorstep.
-
Paramount Cosmetics Wins Award for Excellence in Innovation
Paramount Cosmetics has been recognized for its innovative approach to product development. The company has won an award for excellence in innovation from a leading industry organization.