Panama Petrochem (NSE:PANAMAPET, BOM:524820) said its consolidated net profit dropped to 426.2 million Indian rupees in the fiscal first quarter from 501.7 million rupees a year ago.
Earnings per share for the three months ended June 30 slipped to 7.04 rupees from 8.29 rupees a year earlier.
Revenue from operations climbed year on year to 6.93 billion rupees from 6.71 billion rupees, according to a Thursday filing.
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