Panama Petrochem consolidated net profit declines 17.53% in the December 2023 quarter

Sales decline 10.63% to Rs 511.83 crore

Net profit of Panama Petrochem declined 17.53% to Rs 41.36 crore in the quarter ended December 2023 as against Rs 50.15 crore during the previous quarter ended December 2022. Sales declined 10.63% to Rs 511.83 crore in the quarter ended December 2023 as against Rs 572.69 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales511.83572.69 -11 OPM %10.9811.86 -PBDT54.2266.21 -18 PBT51.8263.78 -19 NP41.3650.15 -18

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