PARACABLES2023-10-012023-12-31 PARACABLES2023-10-012023-12-31 PARACABLES2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member PARACABLES2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member PARACABLES2023-12-31 PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member PARACABLES2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member PARACABLES2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member PARACABLES2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member PARACABLES2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member PARACABLES2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member PARACABLES2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member PARACABLES2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530555 PARACABLES NOTLISTED Paramount Communications Limited Equity 2023-04-01 2024-03-31 2024-02-03 2024-01-25 INR Lakhs Third quarter 14:00:00 16:35:00 2024-02-03 2024-02-03 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 2842517000.00 15795000.00 2858312000.00 2274293000.00 0.00 -187908000.00 71937000.00 11900000.00 24057000.00 443443000.00 2637722000.00 220590000.00 0.00 220590000.00 321000.00 0.00 321000.00 0.00 220269000.00 0.00 0.00 0.00 0.00 220269000.00 887000.00 221156000.00 0.00 0.00 559220000.00 2 0.81 0.81 0.00 0.00 0.81 0.81 Notes: consolidated 1.The aforesaid consolidated Financial Results were placed before and reviewed by the Audit Committee at its meeting held on 3rd February 2024 and approved by the Board of Directors at its meeting held on the same date. 2.The Statutory Auditors have carried out Limited Review of the financial results of the Company for the quarter and nine months ended December 31, 2023 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have expressed an unmodified opinion on these results. 3.The consolidated financial results includes unaudited financials result of following wholly owned subsidiaries : 1. Paramount Holdings Limited 2. AEI Power Cables Limited 3. Valens Technologies Private Limited. 4.These consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. The said financial results of the parent company and its subsidiaries has been prepared in accordance with Ind AS 110 Consolidated Financial Statements . 5 a) During the quarter, the company has allotted 4,09,25,000 equity shares of Rs. 2/- each to non-promoters persons and entities on receipt of balance money upon exercise of option for conversion of equity share warrants. Consequent upon the allotment of shares as mentioned above, the paid up equity share capital of the company has increased from 23,86,84,890 equity shares of Rs 2/- each to 27,96,09,890 equity shares of Rs. 2/- each . The remaining equity warrants shall be converted within the specified time limit as per SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. 5 b) The details of utilization of proceeds along with unutilized amount as at 31st December, 2023 is summarized as below: Description Amount (Rs. in lakhs) Un-utilized amount as on 1st October,2023 35.27 Add : Total funds raised for preferential issue during the quarter ended 31st December,2023 6,617.57 Add: Income earned on un-utilized amount 21.56 Less: Utilization during the quarter ended 31st December,2023 5,663.73 Un-utilized amount* 1,010.67 *The amount has been parked in mutual fund and utilization account with scheduled bank. The funds raised were utilized for the purpose for which they were raised and there is no deviation in utilization of issue proceeds. 6.The shareholders of the company, in the Extra Ordinary General Meeting held on 11.01.2024 has approved to issue of 2,21,24,980 Equity shares having Face Value of Rs. 2/- per equity share on preferential basis to non-promoter persons and entities at a price of Rs. 66.50/- per equity share (including premium). Out of above, upon receipt of amount of issue price in respect of 2,03,74,980 equity shares, the same has been allotted to respective allotees on 29.01.2024. 7.The consolidated results includes two reportable segments i.e. wires and cables and Pipes. As per annexure A attached . 8.Previous quarter/ period figures are not directly comparable with figure of current quarter and nine months as the results for quarter and nine months ended 31st December, 2023 also includes results of Valens Technologies Private Limited which has become wholly owned subsidiary of the company during the previous quarter with effect from 30th August,2023. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 7472312000.00 51956000.00 7524268000.00 5908739000.00 0.00 -381553000.00 196700000.00 44836000.00 68040000.00 1126564000.00 6963326000.00 560942000.00 0.00 560942000.00 441000.00 0.00 441000.00 0.00 560501000.00 0.00 0.00 0.00 0.00 560501000.00 2661000.00 563162000.00 0.00 0.00 559220000.00 2 2.39 2.39 0.00 0.00 2.39 2.39 Other Expenses 443443000.00 Other Expenses 1126564000.00 Pipes 89110000.00 Wires and Cables 2753418000.00 Pipes 110641000.00 Wires and Cables 7361682000.00 2842528000.00 7472323000.00 11000.00 11000.00 2842517000.00 7472312000.00 Pipes 4295000.00 Wires and Cables 212400000.00 Pipes 6266000.00 Wires and Cables 547556000.00 216695000.00 553822000.00 11900000.00 44836000.00 -15795000.00 -51956000.00 220590000.00 560942000.00 Pipes 109986000.00 Wires and Cables 7254658000.00 7364644000.00 27144000.00 7391788000.00 Pipes 107355000.00 Wires and Cables 2495697000.00 2603052000.00 968000.00 2604020000.00 887000.00 2661000.00 0.00 0.00