1972 Palanca Awards

English Division

• First Prize: "The Tomato Game" by N.V.M. Gonzales
• Second Prize: "The Apollo Centennial" by Gregorio Brillantes

• First Prize: "Batik Maker and Other Poems" by Virginia Moreno
• Second Prize: "The Edge of the Wind" by Artemio Tadena
• Third Prize: "Tinikling " by Federico Licsi Espino Jr.

• First Prize: "Grave for Blue Flowers" by Jesus T. Peralta
• Second Prize: "The Undiscovered Country" by Manuel M. Martell
• Third Prize: "The Renegade" by Elsa M. Coscolluela and "Now is the Time for All Good Men to Come to the Aid of their Country" by Julian E. Dacanay Jr.

  Filipino (Tagalog) Division

• First Prize: "Si Loleng Marya Kapra, Mga Araw at Gabi at ang Bukang Liwayway sa Kanyang Buhay" by Wilfredo Pa. Virtusio
• Second Prize: "Kumpisal" by Norma Miraflor
• Third Prize: "Sandaang Damit" by Fanny A. Garcia

• Special Prizes:

• First Prize: "Ang Unang Pagtatanghal ng 'Ang Huling Pasyon ni Hermano Pule'" by Rosauro Dela Cruz
• Second Prize: "Ang Katwiran ay Katwiran" by Rolando S. Tinio
• Third Prize: "Kumbensiyon ng mga Halimaw" by Rey Dela Cruz