Results     30-May-23
Announcements
Panama Petrochem standalone net profit declines 10.78% in the March 2023 quarter
Sales rise 8.62% to Rs 375.84 crore
Net profit of Panama Petrochem declined 10.78% to Rs 34.34 crore in the quarter ended March 2023 as against Rs 38.49 crore during the previous quarter ended March 2022. Sales rose 8.62% to Rs 375.84 crore in the quarter ended March 2023 as against Rs 346.00 crore during the previous quarter ended March 2022.

For the full year,net profit rose 5.35% to Rs 180.57 crore in the year ended March 2023 as against Rs 171.40 crore during the previous year ended March 2022. Sales rose 10.96% to Rs 1708.24 crore in the year ended March 2023 as against Rs 1539.56 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales375.84346.00 9 1708.241539.56 11
OPM %12.9114.61 -14.7615.03 -
PBDT47.6252.36 -9 248.25232.76 7
PBT46.1050.97 -10 242.15227.32 7
NP34.3438.49 -11 180.57171.40 5

Previous News
  Panama Petrochem fixes record date for interim dividend
 ( Market Beat - Reports 26-Oct-23   09:46 )
  Panama Petrochem consolidated net profit rises 842.07% in the March 2021 quarter
 ( Results - Announcements 31-May-21   14:16 )
  Board of Panama Petrochem recommends interim dividend
 ( Corporate News - 09-Nov-23   12:16 )
  Panama Petrochem fixes record date for interim dividend
 ( Market Beat - Reports 12-Nov-21   15:46 )
  CARE Ratings upgrades credit ratings of Panama Petrochem
 ( Hot Pursuit - 06-Jul-21   10:58 )
  Panama Petrochem standalone net profit rises 2.00% in the March 2018 quarter
 ( Results - Announcements 25-May-18   17:44 )
  Panama Petrochem to hold board meeting
 ( Corporate News - 02-May-16   16:07 )
  Panama Petrochem corrects on profit selling
 ( Hot Pursuit - 07-Jan-22   15:16 )
  Panama Petrochem net profit rises 13.62% in the December 2010 quarter
 ( Results - Announcements 11-Feb-11   21:00 )
  Panama Petrochem to convene AGM
 ( Corporate News - 10-Aug-21   10:20 )
  Panama Petrochem consolidated net profit declines 28.20% in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   15:38 )
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