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Panama Petrochem Ltd Q1FY24; 29% fall in Profits

Panama Petrochem Limited is engaged in the business of manufacturing and exporting various kinds of Petroleum specialities.

Financial Results:

Panama Petrochem Ltd reported Revenues for Q1FY24 of ₹530.00 Crores down from ₹552.00 Crore year on year, a fall of 3.99%.

Total Expenses for Q1FY24 of ₹477.00 Crores up from ₹469.00 Crores year on year, a rise of 1.71%.

Consolidated Net Profit of ₹46.00 Crores down 29.23% from ₹65.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.59, down 28.93% from ₹10.68 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: petroleum
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