Panama Petrochem consolidated net profit rises 20.02% in the March 2024 quarter

Image
Last Updated : May 27 2024 | 5:17 PM IST

Sales rise 45.17% to Rs 740.97 crore

Net profit of Panama Petrochem rose 20.02% to Rs 60.98 crore in the quarter ended March 2024 as against Rs 50.81 crore during the previous quarter ended March 2023. Sales rose 45.17% to Rs 740.97 crore in the quarter ended March 2024 as against Rs 510.40 crore during the previous quarter ended March 2023.

For the full year,net profit declined 16.23% to Rs 195.15 crore in the year ended March 2024 as against Rs 232.97 crore during the previous year ended March 2023. Sales rose 4.80% to Rs 2356.74 crore in the year ended March 2024 as against Rs 2248.72 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales740.97510.40 45 2356.742248.72 5 OPM %10.5512.95 -10.7813.74 - PBDT76.3664.90 18 250.60303.98 -18 PBT73.7462.57 18 240.77294.55 -18 NP60.9850.81 20 195.15232.97 -16

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 27 2024 | 4:57 PM IST

Next Story