Paramount Textile Limited posted a 104 per cent year-on-year increase in profit to Tk 31.59 crore in the third quarter of the current financial year.

The profit stood at Tk 15.47 crore in the identical January-March quarter of 2022-23.

Thus, the consolidated earnings per share of the textile manufacturer rose to Tk 1.94 in January-March from Tk 0.95 in 2021-22, according to the unaudited financial statements.

Its profit rose 51 per cent to Tk 96.39 crore in July-March of the ongoing financial year. It was Tk 63.83 crore in the same nine-month period of the previous financial year. So, the EPS jumped to Tk 5.92 from Tk 3.92 during the period.