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 Ended�Dec. 2023Dec. 2022% Var. Sales511.83572.69 -11 OPM %10.9811.86 - PBDT54.2266.21 -18 PBT51.8263.78 -19 NP41.3650.15 -18 Powered by Capital Market - Live News

Panama Petrochem has received a Letter of Acceptance against Tender, for procurement of 2000 MT Base Oil from Indian Oil Corporation. The value of the order is Rs 22.30 crore. Powered by Capital Market - Live News

Panama Petrochem will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

Panama Petrochem announced that the Board of Directors of the Company at its meeting held on 8 November 2023, inter alia, have recommended the interim dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Panama Petrochem declined 30.42% to Rs 46.92 crore in the quarter ended September 2023 as against Rs 67.43 crore during the previous quarter ended September 2022. Sales declined 6.42% to Rs 574.41 crore in the quarter ended September 2023 as against Rs 613.84 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales574.41613.84 -6 OPM %10.6514.43 - PBDT60.7587.48 -31 PBT58.3685.08 -31 NP46.9267.43 -30 Powered by Capital Market - Live News