Panama Petrochem Ltd Q1 FY2023-24 consolidated PAT lower at Rs. 45.89 crores

Panama Petrochem Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 5.3456 crores during the period ended June 30, 2023 as compared to Rs. 5.1324 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.4589 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5081 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.59 for the period ended June 30, 2023 as compared to Rs. 8.40 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 5.3456 crs	₹5.1324 crs	4.15%
Net Profit	₹0.4589 crs	₹0.5081 crs	-9.68%
EPS	₹7.59	₹8.40	-9.64%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.3456 crores during the period ended June 30, 2023 as compared to Rs.5.5301 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.4589 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.6458 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.59 for the period ended June 30, 2023 as compared to Rs.10.67 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 5.3456 crs	₹5.5301 crs	-3.34%
Net Profit	₹0.4589 crs	₹0.6458 crs	-28.94%
EPS	₹7.59	₹10.67	-28.87%

Shares of Panama Petrochem Limited was last trading in BSE at Rs. 308.65 as compared to the previous close of Rs. 304.35. The total number of shares traded during the day was 19651 in over 467 trades.

The stock hit an intraday high of Rs. 311.95 and intraday low of 305.40. The net turnover during the day was Rs. 6047248.00.

Source : Equity Bulls

Keywords

PanamaPetrochem Q1FY24 ResultUpdate