Petrochemicals company Manali Petrochemicals announced H1FY25 results Total Income: Rs 482.79 crore compared to Rs 586.41 crore during H1FY24. PBT: Rs 18.42 crore compared to Rs 20.82 crore during H1FY24. PAT: Rs 13.22 crore compared to Rs 14.97 crore during H1FY24. Ashwin Muthiah, Chairman of MPL and Founder Chairman of AM International, Singapore, said: "This quarter's performance reflects persistent macro-economic pressures, including rising raw material costs and competition from cheaper imports. On a positive note, contributions from our overseas subsidiaries have supported our bottom line. Looking ahead, maintaining cost efficiencies and progressing on our expansion plans remain our top priorities." R Chandrasekar, Managing Director, MPL, said: “The continued surge in import dumping from neighbouring countries has created challenging market dynamics. Our inability to pass on prices to our customers has further impacted our performance and margin. However, our overseas subsidiaries’ strong contributions underscore the potential for long-term growth and will help bolster our performance moving forward”. Result PDF