Manali Petrochemicals Q1 results: Co reports 4x increase in revenue to Rs 283 cr

Chennai: Manali Petrochemicals NSE -4.99 % Limited (MPL) on Tuesday announced that it had earned Rs 283 crore as revenue for the April-June quarter, which was four times higher than Rs 70 crore in the corresponding period of the previous year, which was impacted by the first wave of the pandemic.

The petrochemical manufacturing company which is part of AM International – Singapore said the EBITDA for the period was Rs 112 crore and PAT stood at Rs 76 crore, against Rs 3 crore and loss of Rs 1 crore respectively, in the first quarter of the previous year.

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