Panama Petrochem standalone net profit declines 38.44% in the September 2018 quarter

Sales decline 15.34% to Rs 234.94 crore

Net profit of Panama Petrochem declined 38.44% to Rs 7.72 crore in the quarter ended September 2018 as against Rs 12.54 crore during the previous quarter ended September 2017. Sales declined 15.34% to Rs 234.94 crore in the quarter ended September 2018 as against Rs 277.50 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales234.94277.50 -15 OPM %7.578.05 -PBDT12.9720.34 -36 PBT11.9819.49 -39 NP7.7212.54 -38

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