Panama Petrochem Q3 Profit Dips 6% YoY Amid Margin Pressure

• Panama Petrochem's Q3 net profit declined 5.6% year-on-year to ₹46 crore, down from ₹49 crore.
• The fall in profitability was primarily due to margin contraction driven by a higher cost base.
• Revenue from operations increased 6.5% YoY to ₹775 crore, supported by stable demand and execution momentum.
• EBITDA decreased 3.8% YoY to ₹60.6 crore, with the EBITDA margin narrowing to 7.8% from 8.7% due to elevated operating expenses.
• For the nine months ended December, revenue grew 6.9% to ₹2,241.5 crore, while net profit remained flat at ₹141.4 crore.