Manali Petrochemicals reports consolidated Q3 PAT at Rs 110.09 crore
Petrochemical manufacturing company Manali Petrochemicals Ltd has reported consolidated profit after tax for the quarter ending December 31, 2021 at Rs 110.09 crore, the company said on Thursday.
The city-based company and part of AM International, Singapore, had registered consolidated net at Rs 86 crore during corresponding quarter previous year.
Revenues during the quarter under review on a consolidated basis, stood at Rs 494.16 crore as compared to Rs 356 crore registered same period last fiscal.
The research and development led approach along with customer focus, was the prime reason for the sustained performance of Manali Petrochemicals Ltd in a challenging market conditions, company chairman Ashwin Muthiah said.
