{"id":337039,"date":"2020-02-12T11:05:23","date_gmt":"2020-02-12T05:35:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337039"},"modified":"2020-02-12T11:20:19","modified_gmt":"2020-02-12T05:50:19","slug":"manali-petrochems-q3-net-down-47-per-cent","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/manali-petrochems-q3-net-down-47-per-cent\/","title":{"rendered":"Manali Petrochem\u2019s Q3 net down 47 per cent"},"content":{"rendered":"<p>Manali Petrochemicals Ltd (MPL) has reported a 47 per cent fall in its profit after tax (PAT) at \u20b96.05 crore for the quarter ended December 31, 2019, against \u20b911.5 crore in the year-ago period.<\/p>\n<p>Its revenue fell to \u20b9147 crore from \u20b9179 crore. EBIDT (earnings before interest, depreciation and tax) stood at \u20b914 crore (\u20b920 crore).<\/p>\n<p>\u201cContinued low domestic demand coupled with unabated imports into India has affected the revenues and margins of Manali Petrochemicals. The management team has taken various actions to overcome the hurdles and we are confident that our efforts will bear fruit in the months to come,\u201d Ashwin Muthiah, Chairman, MPL, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manali Petrochemicals Ltd (MPL) has reported a 47 per cent fall in its profit after tax (PAT) at \u20b96.05 crore for the quarter ended December 31, 2019, against \u20b911.5 crore in the year-ago period. Its revenue fell to \u20b9147 crore from \u20b9179 crore. EBIDT (earnings before interest, depreciation and tax) stood at \u20b914 crore (\u20b920 crore). \u201cContinued low domestic demand coupled with unabated imports into India has affected the revenues and margins of Manali Petrochemicals. The management team has taken various actions to overcome the hurdles and we are confident that our efforts will bear fruit in the months to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-337039","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337039"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337039\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}