Panama Petrochem consolidated net profit declines 25.65% in the March 2015 quarter

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Sales decline 11.82% to Rs 197.78 crore
Net profit of Panama Petrochem declined 25.65% to Rs 5.45 crore in the quarter ended March 2015 as against Rs 7.33 crore during the previous quarter ended March 2014. Sales declined 11.82% to Rs 197.78 crore in the quarter ended March 2015 as against Rs 224.29 crore during the previous quarter ended March 2014.For the full year,net profit declined 3.75% to Rs 17.71 crore in the year ended March 2015 as against Rs 18.40 crore during the previous year ended March 2014. Sales rose 26.82% to Rs 805.31 crore in the year ended March 2015 as against Rs 635.02 crore during the previous year ended March 2014.
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First Published: Jun 01 2015 | 3:12 PM IST