Panama Petrochem consolidated net profit rises 159.38% in the March 2017 quarter

Sales rise 24.51% to Rs 220.05 crore

Net profit of Panama Petrochem rose 159.38% to Rs 12.58 crore in the quarter ended March 2017 as against Rs 4.85 crore during the previous quarter ended March 2016. Sales rose 24.51% to Rs 220.05 crore in the quarter ended March 2017 as against Rs 176.73 crore during the previous quarter ended March 2016.

For the full year,net profit rose 71.69% to Rs 43.18 crore in the year ended March 2017 as against Rs 25.15 crore during the previous year ended March 2016. Sales rose 10.88% to Rs 833.50 crore in the year ended March 2017 as against Rs 751.72 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales220.05176.73 25 833.50751.72 11 OPM %9.435.52 -9.196.35 - PBDT19.908.70 129 70.4641.25 71 PBT18.717.54 148 65.5936.65 79 NP12.584.85 159 43.1825.15 72

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