Panama Petrochem Q3 FY24 Results Live: Profit Falls by 17.53% YoY
Panama Petrochem Q3 FY24 Results Live: Revenue decreased by 10.63% YoY & profit decreased by 17.53% YoY
Panama Petrochem declared their Q3 FY24 results on 02 Feb, 2024. The topline decreased by 10.63% & the profit decreased by 17.53% YoY.
As compared to the previous quarter, the revenue declined by 10.89% and the profit decreased by 11.85%.
The Selling, general & administrative expenses rose by 21.94% q-o-q & decreased by 1.38% Y-o-Y.
The operating income was down by 10.02% q-o-q & decreased by 20.48% Y-o-Y.
The EPS is ₹6.84 for Q3 FY24 which decreased by 17.49% Y-o-Y.
Panama Petrochem has delivered 14.56% return in the last 1 week, 23.58% return in the last 6 months, and 9.02% YTD return.
Currently, Panama Petrochem has a market cap of ₹2188.96 Cr and a 52wk high/low of ₹370.95 & ₹268 respectively.
Panama Petrochem Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 511.83 | 574.41 | -10.89% | 572.69 | -10.63% |
| Selling/ General/ Admin Expenses Total | 4.28 | 3.51 | +21.94% | 4.34 | -1.38% |
| Depreciation/ Amortization | 2.4 | 2.39 | +0.42% | 2.43 | -1.23% |
| Total Operating Expense | 458.39 | 515.02 | -11% | 505.49 | -9.32% |
| Operating Income | 53.44 | 59.39 | -10.02% | 67.2 | -20.48% |
| Net Income Before Taxes | 51.82 | 58.36 | -11.21% | 63.78 | -18.75% |
| Net Income | 41.36 | 46.92 | -11.85% | 50.15 | -17.53% |
| Diluted Normalized EPS | 6.84 | 7.75 | -11.74% | 8.29 | -17.49% |
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