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Panama Petrochem standalone net profit declines 25.79% in the December 2021 quarter

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Capital Market

Sales decline 5.25% to Rs 343.23 crore

Net profit of Panama Petrochem declined 25.79% to Rs 37.58 crore in the quarter ended December 2021 as against Rs 50.64 crore during the previous quarter ended December 2020. Sales declined 5.25% to Rs 343.23 crore in the quarter ended December 2021 as against Rs 362.25 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales343.23362.25 -5 OPM %14.5319.35 -PBDT49.7471.30 -30 PBT48.3670.07 -31 NP37.5850.64 -26

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First Published: Feb 11 2022 | 2:45 PM IST

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