Panama Petrochem consolidated net profit declines 59.41% in the December 2019 quarter

Sales decline 21.60% to Rs 241.31 crore

Net profit of Panama Petrochem declined 59.41% to Rs 6.38 crore in the quarter ended December 2019 as against Rs 15.72 crore during the previous quarter ended December 2018. Sales declined 21.60% to Rs 241.31 crore in the quarter ended December 2019 as against Rs 307.81 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales241.31307.81 -22 OPM %5.359.34 -PBDT9.4524.13 -61 PBT7.6022.67 -66 NP6.3815.72 -59

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