Panama Petrochem net profit rises 70.87% in the March 2014 quarter

Sales rise 27.48% to Rs 180.63 crore

Net profit of Panama Petrochem rose 70.87% to Rs 4.34 crore in the quarter ended March 2014 as against Rs 2.54 crore during the previous quarter ended March 2013. Sales rose 27.48% to Rs 180.63 crore in the quarter ended March 2014 as against Rs 141.69 crore during the previous quarter ended March 2013.

For the full year,net profit rose 29.63% to Rs 15.40 crore in the year ended March 2014 as against Rs 11.88 crore during the previous year ended March 2013. Sales declined 6.83% to Rs 591.37 crore in the year ended March 2014 as against Rs 634.75 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales180.63141.69 27 591.37634.75 -7 OPM %4.612.96 -4.643.19 - PBDT7.303.38 116 22.9415.17 51 PBT6.652.77 140 20.4412.94 58 NP4.342.54 71 15.4011.88 30

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