Paramount Communications Ltd.revenue up 31%, operating margin 7.3%

Paramount Communications' Q2 FY27 call, held on 27 October 2026, reported revenue of ₹560.4 crore, up 31.1% on the year and 5.9% on the quarter, operating profit of ₹40.9 crore at a 7.3% margin against 1.3% a year earlier, and profit after tax of ₹24.2 crore.

First-half revenue was ₹1,089.8 crore, up 24.1%. Exports were ₹158.1 crore, 28.2% of revenue, and the order book was ₹731 crore. The US Supreme Court's February ruling against the IEEPA tariffs has put Indian cables at par with other exporters, and management expects US exports at 25% to 30% of FY27 revenue. High-temperature low-sag conductor orders are above ₹200 crore, in a reconductoring market management sizes at about ₹50,000 crore over five years.

The Narmadapuram plant is on schedule for partial commissioning in Q1 FY28, with revenue of about ₹500 crore in FY28 and ₹1,200 crore in FY29. Working capital rose to 108 days after faster supplier payments. Management guided 15% to 18% growth with existing plants, an operating margin near 8% by Q4 and ₹5,000 crore of revenue by FY31, and said any net tariff claw-back will be shown separately in Q3.