PARACABLES2024-01-012024-03-31 PARACABLES2024-01-012024-03-31 PARACABLES2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member PARACABLES2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member PARACABLES2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530555 PARACABLES NOTLISTED Paramount Communications Limited Equity 2023-04-01 2024-03-31 2024-05-24 2024-05-17 INR Lakhs Yearly 12:30:00 16:20:00 2024-05-24 2024-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacturing of Wires and Cables 2024-01-01 2024-03-31 Audited Standalone 3111070000.00 33016000.00 3144086000.00 2470750000.00 0.00 -183160000.00 72195000.00 8797000.00 25234000.00 493568000.00 2887384000.00 256702000.00 0.00 256702000.00 0.00 -38328000.00 -38328000.00 0.00 295030000.00 0.00 0.00 0.00 0.00 295030000.00 -12319000.00 282711000.00 0.00 0.00 606870000.00 2 0.99 0.99 0.00 0.00 0.99 0.99 1. The aforesaid Financial Results were placed before and reviewed by the Audit Committee at its meeting held on 24th May 2024 and approved by the Board of Directors at its meeting held on the same date 2. The financial results for the year ended March 31, 2024 have been audited by the statutory auditors of the Company. The statutory auditors have expressed an unmodified opinion. 3. These standalone 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. A) i) During the quarter, the company has allotted 22,00,000 equity shares ( 17,00,000 equity shares on 25.01.2024 and 5,00,000 equity shares on 19.03.2024) 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. The remaining equity warrants shall be converted within the specified time limit as per SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. B) i) During the quarter, 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 of Rs. 2/- each 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 and 12,50,000 equity shares, the same has been allotted to respective allotees on 29.01.2024 and 07.02.2024 respectively . In view of brought forwarded losses as per Income Tax Act, 1961, no provision for current tax is required to be made. Due to reasonable certainity of set off of brought forward losses, deferred tax asset (net) has been recognised on all the temporary differences. There are no separate reportable segments as per the Indian Accounting Standard (Ind AS-108) on segment reporting. The figures of the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto third quarter of the respective financial year which were subject to limited review by the auditor. The figures of the previous year /periods have been regrouped/ rearranged wherever considered necessary to facilitate comparison. Single segment 2023-04-01 2024-03-31 Audited Standalone 10472752000.00 89086000.00 10561838000.00 8250486000.00 0.00 -515270000.00 267272000.00 51574000.00 92715000.00 1599522000.00 9746299000.00 815539000.00 0.00 815539000.00 0.00 -38328000.00 -38328000.00 0.00 853867000.00 0.00 0.00 0.00 0.00 853867000.00 -9657000.00 844210000.00 0.00 0.00 606870000.00 2 5652239000.00 3.28 3.28 0.00 0.00 3.28 3.28 Other Expenses 493568000.00 Other Expenses 1599522000.00 1670988000.00 14874000.00 0.00 0.00 7609000.00 0.00 0.00 0.00 19788000.00 534000.00 189854000.00 210176000.00 37821000.00 90080000.00 2031548000.00 2205125000.00 557420000.00 2445686000.00 44815000.00 180740000.00 180747000.00 49437000.00 3458845000.00 24137000.00 494977000.00 6183084000.00 0.00 0.00 8214632000.00 606870000.00 5652239000.00 6259109000.00 6259109000.00 133320000.00 0.00 21692000.00 155012000.00 15151000.00 170163000.00 869700000.00 822178000.00 49817000.00 1741695000.00 42330000.00 1335000.00 1785360000.00 1955523000.00 8214632000.00 49386000.00 -1074161000.00 -761431000.00 0.00 -176639000.00 0.00 -79840000.00 -275721000.00 0.00 424029000.00 0.00 1472000.00 9168000.00 92715000.00 0.00 0.00 0.00 0.00 0.00 3436000.00 0.00 29280000.00 7893000.00 -6503000.00 0.00 0.00 -9457000.00 5275000.00 0.00 -1819658000.00 -1004119000.00 0.00 0.00 0.00 5667000.00 0.00 -1009786000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 510383000.00 802787000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21137000.00 0.00 -1269788000.00 0.00 -956247000.00 0.00 0.00 0.00 2456188000.00 0.00 0.00 0.00 0.00 0.00 575933000.00 0.00 0.00 0.00 49221000.00 0.00 0.00 1831034000.00 -134999000.00 0.00 -134999000.00 179740000.00 44741000.00 -11812000.00 -9150000.00 507000.00 507000.00