Panama Petrochem Secures Factory Operations License Valid Until June 29, 2035 13 hrs ago Yesterday
Panama Petrochem has received a license to start factory operations for the manufacturing of petroleum specialty products. The license is valid until June 29, 2035, providing the company with long-term regulatory authorization for its manufacturing activities. This development marks a key regulatory milestone for Panama Petrochem's operations.
Panama Petrochem Reports Mixed Q1 Results: Revenue Up, Profits Down
Panama Petrochem Limited announced Q1 financial results with a 3.3% increase in consolidated revenue to ₹693.22 crore. However, net profit declined by 15.1% to ₹42.62 crore. EBITDA fell to ₹553.00 crore from ₹658.00 crore, with EBITDA margin contracting to 7.98% from 9.73% year-over-year. The company demonstrated resilience in revenue growth despite challenging market conditions but faced profitability pressures.
26May 25
Panama Petrochem Reports Q4 Results: Revenue and Profit Decline, Dividend Declared
Panama Petrochem's Q4 results show a 6.76% YoY revenue drop to 6.90 billion rupees. EBITDA decreased by 23.94% to 594.00 million rupees, with EBITDA margin contracting from 10.55% to 8.55%. Net profit fell 27.38% to 443.00 million rupees. Despite financial challenges, the company declared a dividend of 3.00 rupees per share.