Panama Petrochem Reports Quarterly Results; Consolidated Income Reaches 1,739.03

Panama Petrochem Reports Quarterly Results; Consolidated Income Reaches 1,739.03

Panama Petrochem Reports Quarterly Results; Consolidated Income Reaches 1,739.03​

Panama Petrochem Limited announced the un-audited consolidated and standalone financial results for the quarter ending June 30, 2026. The Board of Directors approved these results during a meeting held on August 12, 2026.

The company's business operates primarily in the specialty petroleum products segment. The results reflect both unaudited statements (for comparison against prior periods) and independent auditor review findings for the quarter ended June 30, 2026.

Key financial metrics from the reported periods are detailed below:

MetricConsolidated Q ended June 30, 2026 (Unaudited)Standalone Q ended June 30, 2026 (Unaudited)
Total Income / Revenue1,739.031,252.08
Cost of Material Consumed1,096.83854.97
Total Expenses1,356.45960.89
Profit Before Tax382.58291.19
Profit for the Period (Net)308.91217.52
Total Comprehensive Income313.38223.91

Financial Performance Breakdown​

Consolidated Results:
For the quarter ended June 30, 2026, Panama Petrochem reported a Total Revenue of 1,739.03. The company incurred Total Expenses amounting to 1,356.45, resulting in a Profit Before Tax of 382.58.

The consolidated results reflect the performance of the parent and its wholly owned subsidiary, Panol Industries RMC FZE. For this subsidiary, the interim financial results showed total revenues of Rs.487.29 crores, net profit after tax of Rs.91.39 crores, and total comprehensive income amounting to Rs.89.47 crores for the quarter ended June 30, 2026.

The consolidated financial statements recorded Total Comprehensive Income at 313.38, with basic earnings per share standing at 51.06.

Standalone Results:
In the standalone segment, the company generated a Total Income of 1,252.08 for the quarter ended June 30, 2026, against total expenses of 960.89. This led to a Profit Before Tax of 291.19 and a subsequent Profit for the period of 217.52.

The standalone results from the audited comparison period (quarter ended June 30, 2025) showed Total Income of 427.88 against total expenses of 389.11, yielding a net profit of 28.81 and total comprehensive income of 33.35.

Summary Table of Financials (Q ended June 30, 2026)​

The following table summarizes key financial parameters for the quarter ending June 30, 2026:

ParticularsConsolidated (Unaudited)Standalone (Unaudited)
Total Income1,739.031,252.08
Total Expenses1,356.45960.89
Profit Before Tax382.58291.19
Total Tax Expenses73.6773.67
Net Profit for the Period308.91217.52
Basic Earnings Per Share51.0635.95

The results were reviewed by both the Audit Committee and statutory Auditors of the company, with approval accorded by the Board of Directors on August 12, 2026.

PANAMAPET Stock Price Movement​

Shares of Panama Petrochem Limited are tumbling down as of 12:15 PM, shedding ₹24.10 or 4.42%, placing the stock at ₹521.4 in live trading. Trading activity remains robust, with over 4.47 million shares exchanged as the equity experiences this significant downturn.
 

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