Paramount Cosmetics India Ltd — Important, 08-05-2026: Company Update

Paramount has announced a board meeting where it approved the financial results for the quarter and year ended March 31, 2026. For the year, revenue from operations was 21.39 Cr, and Profit Before Tax was 0.33 Cr. A significant 44.16 Cr worth of inventories were written off during the year due to spoilage or damage. Additionally, the company revised lease rentals for its factory premises leased to a related party, reducing it from 7.20 Lakhs to 0.75 Lakhs per month, effective from April 2025, citing changes in commercial terms and reduced utilization. The board also re-appointed the Secretarial and Internal Auditors based on the Audit Committee's advice.