Net profit of Panama Petrochem rose 226.61% to Rs 4.05 crore in the quarter ended March 2007 as against Rs 1.24 crore during the previous quarter ended March 2006. Sales rose 101.33% to Rs 61.95 crore in the quarter ended March 2007 as against Rs 30.77 crore during the previous quarter ended March 2006.

For the full year, net profit rose 60.40% to Rs 10.49 crore in the year ended March 2007 as against Rs 6.54 crore during the previous year ended March 2006. Sales rose 80.16% to Rs 196.92 crore in the year ended March 2007 as against Rs 109.30 crore during the previous year ended March 2006.