Analysts/Institutional Investor Meet/Con. Call Updates

02nd November,2026 The Corporate Relationship Department The General Manager- Listing BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai - 400051 Symbol/Scrip Code: (BSE)530555 /(NSE) PARACABLES Subject: Transcript of Conference Call pertaining to the Financial Performance for the Second Quarter ended on 30th September,2026 Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of audio call recording of the Company’s Conference call with Investors/Analyst held on Tuesday, 27th October 2026 to discuss the Un-audited Financial Results for the quarter ended on September 30, 2026. This is for your information and record. The transcript is also available on the website of the Company: https://d5laeg4nevsr4.cloudfront.net/disclosure/4e5e-Tr-Q2.pdf Thanking You Yours Faithfully, for Paramount Communications Limited Rashi Goel Company Secretary and Compliance Officer Encl: as above Paramount Communications Ltd. Paramount House KH-433, Maulsari Avenue, Westend Greens, Rangpuri New Delhi -110037, India t : +91 11 45618800 pcl@paramountcables.com www.paramountcables.com CIN: L74899DL1994PLC061295 Paramount Communications Limited Q2 & H1 FY27 Earnings Conference Call October 27, 2026 MANAGEMENT: MR. SANJAY AGGARWAL, CHAIRMAN AND CHIEF EXECUTIVE OFFICER MR. PARTH AGGARWAL, PRESIDENT MARKETING MR. SHAMBHU AGARWAL – CHIEF FINANCIAL OFFICER MR. NARENDRA K. GUPTA – PRESIDENT, ACCOUNTS AND FINANCE MODERATOR: MS. VANESSA FERNANDES – INVESTOR RELATIONS, ADFACTORS PR Page 1 of 17 Paramount Communications Limited October 27, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Paramount Communications Limited Q2 and H1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Vanessa Fernandes from the Investor Relations team at Adfactors PR. Thank you, and over to you, ma'am. Vanessa Fernandes: Thank you, Ikra. Good evening, everyone. On behalf of Paramount Communications Limited, I would like to welcome you all to the Earnings Conference Call for Q2 and H1 FY2027. Today on the call, we have with us from the management, Mr. Sanjay Aggarwal, Chairman and CEO; Mr. Parth Aggarwal, President, Marketing; Mr. Shambhu Agarwal, Chief Financial Officer; and Mr. Narendra K. Gupta, President, Accounts and Finance. We will begin the call with brief opening remarks from the management, followed by a Q&A session. Please note that certain statements made during this call may be forward-looking in nature. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or projections to differ materially from those statements. Paramount Communications will hold no responsibility for any actions taken based on such statements and undertake no obligation to publicly update these forward-looking statements. I will now hand over the call to Mr. Sanjay Aggarwal for his opening remarks. Over to you, sir. Sanjay Aggarwal: Good afternoon, ladies and gentlemen. A very warm welcome to you all to Paramount Communications earnings conference call for the second quarter and half year ended 30th September '26. Thank you for joining us today and for your continued interest in Paramount. Our results, earnings press release and investor presentation have already been uploaded to the stock exchanges and to our company website, and I trust that you have had the opportunity to go through them. When we last spoke in August, I said that we had started FY27 on a strong note and the two engines of our business, domestic and exports, were both working for us at the same time. I'm happy to report that the second quarter has carried that momentum forward. Let me begin, as I usually do, with a brief word on the environment we operated in because I think that is what sets the context for the quarter very well. The wires and cable industry continued to navigate two familiar challenges this quarter- metal price volatility and the global trade environment that is still settling down. On metals, copper prices touched record highs during the quarter and moved quite sharply from week to week with the tariff decisions in the U.S. and supply disruptions at some stage of the large mines adding to the volatility. For a company like ours, that is exactly why we follow the Page 2 of 17 Paramount Communications Limited October 27, 2026 discipline which we have spoken about many times. The day we receive a firm-price order, the next working day we book the metal, and mostly, we do not accept firm-price orders beyond 3 to 4 months delivery. That discipline has served us well throughout this period. It is pertinent to note, however, that the major metal consumed by us is aluminum, which is more than 75% of the metal value consumption for the quarter. Aluminum has shown some price softening during this quarter. What has remained constant, however, is the underlying demand for our product range. Transmission and distribution investments, renewable capacity addition, railways and metro electrification, and the buildout of large data centers all remain supportive throughout the quarter. These are not one quarter trends. These are multiyear programs, and we are seeing them reflected directly in our inquiries in our order flow. On the export side, the picture in the U.S. has become clearer and importantly, more predictable. As you know, the IEEPA tariffs was shut down by the U.S. Supreme Court in February. Today, Indian cables are at par with the competing exporting countries in Asia and Europe. One expects that the tariff framework in the U.S. now rests on a more stable footing than sudden changes that we lived through last year. Our customers and distributors are regaining confidence and so are Now Parth Aggarwal will take you through the business developments first, and then I will come back to the numbers. Over to you, Parth. Parth Aggarwal: Thank you, Sanjay ji, and a very good afternoon to all of you. Our domestic business continued to build on the momentum of the first quarter, led once again by power cables and our B2B institutional customers. The structural drivers we have consistently spoken about, grid strengthening and transmission investment, renewables, railways and metro, construction and infrastructure all remained active throughout the quarter. Our Dharuhera and Khushkhera plants continue to operate at optimal utilization, which underlines why Narmadapuram is so central to our next phase of growth. On the export side, the normalization of our U.S. business that we spoke about last quarter has continued to progress with India now at par with other countries. Our competitive position has been restored and our distributors are planning with more confidence. We continue to view the U.S. as our single largest and most important export market, given the scale of grid upgradation and data center investment being planned there. At the same time, we have stayed disciplined, as we said we would. We are not chasing volume at the cost of margin and most of our customers now carry tariff changes to their account. Alongside the U.S., our customers' engagement and approval work in the Middle East, Europe and Africa is progressing, where we see medium-term demand building from data center buildout and grid upgrade programs. Page 3 of 17 Paramount Communications Limited October 27, 2026 Our approach remains the same, to have approvals and customer relationships in place so that when demand in these market [Showing first 8,000 characters — download PDF for full document]