Panama Petrochem Limited Reports Q3FY26 Financial Results with Revenue Growth
Panama Petrochem Limited reported Q3FY26 results showing standalone revenue growth to ₹483.94 crore from ₹461.02 crore YoY, with net profit increasing to ₹34.07 crore from ₹30.48 crore. Consolidated revenue rose to ₹775.05 crore from ₹727.97 crore, though net profit declined to ₹45.81 crore from ₹48.50 crore. The Board approved these results on February 10, 2026.

*this image is generated using AI for illustrative purposes only.
Panama Petrochem Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The specialty petroleum products company reported mixed performance across its standalone and consolidated operations, with revenue growth accompanied by varying profit margins.
Standalone Financial Performance
The company's standalone operations demonstrated solid revenue growth during the third quarter of FY26. Key financial metrics for the quarter show improved performance compared to the previous year.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹483.94 crore | ₹461.02 crore | +4.97% |
| Total Income | ₹487.84 crore | ₹464.31 crore | +5.06% |
| Net Profit | ₹34.07 crore | ₹30.48 crore | +11.78% |
| EPS (Basic & Diluted) | ₹5.63 | ₹5.04 | +11.71% |
For the nine months ended December 31, 2025, standalone revenue from operations reached ₹1,411.79 crore compared to ₹1,319.90 crore in the corresponding period of FY25. Net profit for the nine-month period stood at ₹96.36 crore versus ₹87.33 crore in the previous year.
Consolidated Financial Results
The consolidated financial results, which include the performance of subsidiary Panol Industries RMC, FZE, showed revenue growth but faced margin pressures during the quarter.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹775.05 crore | ₹727.97 crore | +6.47% |
| Total Income | ₹777.87 crore | ₹731.81 crore | +6.29% |
| Net Profit | ₹45.81 crore | ₹48.50 crore | -5.55% |
| EPS (Basic & Diluted) | ₹7.57 | ₹8.02 | -5.61% |
On a nine-month basis, consolidated revenue from operations increased to ₹2,241.49 crore from ₹2,097.66 crore in the previous year. However, net profit for the nine-month period declined marginally to ₹141.42 crore from ₹142.76 crore in FY25.
Operational Highlights
The company's cost structure showed notable variations during the quarter. Cost of material consumed on a standalone basis was ₹418.74 crore in Q3FY26 compared to ₹382.16 crore in Q3FY25. Employee benefits expense increased significantly to ₹7.79 crore from ₹3.93 crore in the year-ago quarter.
Finance costs decreased substantially to ₹1.10 crore in Q3FY26 from ₹2.72 crore in Q3FY25, indicating improved financial management. Other expenses reduced to ₹25.92 crore from ₹34.40 crore in the corresponding quarter of the previous year.
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 10, 2026. The meeting commenced at 11:30 AM and concluded at 12:15 PM. JMR & Associates LLP, Chartered Accountants, conducted the limited review of both standalone and consolidated financial results.
The company maintains its paid-up equity share capital at ₹12.10 crore with a face value of ₹2 per share. Panama Petrochem operates primarily in the specialty petroleum products segment, with its registered office located at Plot No. 3303, G.I.D.C., Ankleswar-393002.
Historical Stock Returns for Panama Petrochem
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.87% | -1.14% | -0.05% | -15.73% | -15.03% | +134.00% |






























