Stock Report

Panama Petrochem Ltd Q2FY21 consolidated PAT soars to Rs. 18.44 crore



Posted On : 2020-11-07 13:37:41( TIMEZONE : IST )

Panama Petrochem Ltd Q2FY21 consolidated PAT soars to Rs. 18.44 crore

PANAMA PETROCHEM LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.326.05 crores during the period ended September 30, 2020 as compared to Rs.160.36 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.18.44 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.3.78 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.3.05 for the period ended September 30, 2020 as compared to Rs.0.62 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 326.05 crs₹ 160.36 crsUp Tick 103.32%
Net Profit₹ 18.44 crs₹ 3.78 crsUp Tick 387.83%
EPS₹ 3.05₹ 0.62Up Tick 391.94%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.326.05 crores during the period ended September 30, 2020 as compared to Rs.260.87 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.18.44 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.8.37 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.3.05 for the period ended September 30, 2020 as compared to Rs.1.38 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 326.05 crs₹ 260.87 crsUp Tick 24.99%
Net Profit₹ 18.44 crs₹ 8.37 crsUp Tick 120.31%
EPS₹ 3.05₹ 1.38Up Tick 121.01%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.486.42 crores during the 6 months period ended September 30, 2020 as compared to Rs.531.47 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.22.22 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.16.03 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.3.67 for the 6 months period ended September 30, 2020 as compared to Rs.2.65 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 486.42 crs₹ 531.47 crsDown Tick -8.48%
Net Profit₹ 22.22 crs₹ 16.03 crsUp Tick 38.62%
EPS₹ 3.67₹2.65Up Tick 38.49%

Shares of PANAMA PETROCHEM LTD. was last trading in BSE at Rs.55.4 as compared to the previous close of Rs. 54. The total number of shares traded during the day was 8980 in over 165 trades.

The stock hit an intraday high of Rs. 55.75 and intraday low of 52.8. The net turnover during the day was Rs. 494516.

Source : Equity Bulls

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