Panama Petrochem Ltd consolidated Q2 FY2021-22 net profit rises to Rs. 61.92 crore

Panama Petrochem Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 564.4457 crores during the period ended September 30, 2021 as compared to Rs. 552.3380 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 61.9242 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 58.0746 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 10.24 for the period ended September 30, 2021 as compared to Rs. 9.60 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 564.4457 crs	₹552.3380 crs	2.19%
Net Profit	₹61.9242 crs	₹58.0746 crs	6.63%
EPS	₹10.24	₹9.60	6.67%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 564.4457 crores during the period ended September 30, 2021 as compared to Rs.326.0597 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.61.9242 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.8.4488 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.10.24 for the period ended September 30, 2021 as compared to Rs.3.05 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 564.4457 crs	₹326.0597 crs	73.11%
Net Profit	₹61.9242 crs	₹8.4488 crs	632.93%
EPS	₹10.24	₹3.05	235.74%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1116.7837 crores during the 6 Months period ended September 30, 2021 as compared to Rs.486.4296 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.119.9988 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.22.2291 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.19.84 for the 6 Months period ended September 30, 2021 as compared to Rs.3.67 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1116.7837 crs	₹486.4296 crs	129.59%
Net Profit	₹119.9988 crs	₹22.2291 crs	439.83%
EPS	₹19.84	₹3.67	440.60%

Shares of Panama Petrochem Limited was last trading in BSE at Rs. 271.40 as compared to the previous close of Rs. 261.45. The total number of shares traded during the day was 12000 in over 789 trades.

The stock hit an intraday high of Rs. 273.75 and intraday low of 260.65. The net turnover during the day was Rs. 3218650.00.

Source : Equity Bulls

Keywords

PanamaPetrochem Q2FY22 H1FY22 ResultUpdate