Paramount Communications earnings calls.

Paramount Communications delivered a strong Q1 FY27 with revenue of INR 529.4 croresCurrent reported value: INR 529.4 crores. No comparable prior figure is available in the source record., up 17.4Current reported value: 17.4. No comparable prior figure is available in the source record.% YoY, driven by robust domestic demand across power infrastructure and a meaningful recovery in US exports following the resolution of tariff disruptions. The US Supreme Court's invalidation of EPA tariffs has restored the company's competitive position, enabling exports to rebound to INR 125 crores (29%+ of revenue)Current INR 125 crores (29%+ of revenue). Reported change: +77% QoQ. versus just INR 87 crores in Q4. Operating margins expanded 320 bps YoY to 6.6%Current 320 bps YoY to 6.6%. Reported change: +320bps YoY., with management confident of reaching FY25 pre-tariff margin levels by Q4 FY27. The order book stands at INR 615 croresCurrent INR 615 crores. Reported change: +32% vs Mar'26. (74% power cables), providing 4-5 months revenue visibility. The Narmadapuram greenfield facility in Madhya Pradesh remains on track for partial commencement in Q1 FY28 with ~INR 500 crores revenue target for FY28, scaling to INR 1,200 crores by FY29. The company targets INR 5,000 crores revenue by FY31Current reported value: INR 5,000 crores revenue by FY31. No comparable prior figure is available in the source record. with 15-20Current reported value: 20. No comparable prior figure is available in the source record.% growth expected in FY27 before the capacity ramp. Key risks include aluminum price volatility (mitigated via 3-4 month firm order policy) and ongoing geopolitical trade uncertainty despite current tariff normalization.