Panama Petrochem Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2026.
PANAMAPET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Panama Petrochem Limited's Board approved standalone and consolidated audited financial results for Q4 and full year ended March 31, 2026. Standalone revenue grew 10.5% to Rs. 1,961.81 Cr, while profit after tax increased 22.9% to Rs. 143.28 Cr compared to FY25. EPS improved from Rs. 19.27 to Rs. 23.69. The Board recommended a final dividend of Rs. 3 per equity share (150% on Rs. 2 face value), subject to shareholder approval at the ensuing AGM. The company's subsidiary Panol Industries RMC FZE contributed Rs. 1,103.98 Cr in consolidated revenues. Statutory auditors JMR & Associates LLP issued an unmodified (clean) opinion on the financial results.
The company delivered solid double-digit revenue and PAT growth with strong cash generation. The dividend payout signals confidence in financial health. Clean audit opinion with no going concern issues is positive for investor sentiment.