Panama Petrochem consolidated net profit rises 842.07% in the March 2021 quarter

Sales rise 134.01% to Rs 541.87 crore

Net profit of Panama Petrochem rose 842.07% to Rs 60.01 crore in the quarter ended March 2021 as against Rs 6.37 crore during the previous quarter ended March 2020. Sales rose 134.01% to Rs 541.87 crore in the quarter ended March 2021 as against Rs 231.56 crore during the previous quarter ended March 2020.

For the full year,net profit rose 370.29% to Rs 135.35 crore in the year ended March 2021 as against Rs 28.78 crore during the previous year ended March 2020. Sales rose 44.30% to Rs 1446.96 crore in the year ended March 2021 as against Rs 1002.75 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales541.87231.56 134 1446.961002.75 44 OPM %14.904.78 -13.195.35 - PBDT79.999.54 738 187.1239.40 375 PBT78.057.58 930 179.5132.14 459 NP60.016.37 842 135.3528.78 370

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