Goa Carbon has reported results for first quarter ended June 30, 2017.
The company has reported around 7-fold jump in its net profit at Rs 5.75 crore for the quarter under review as compared to Rs 0.84 crore for the same quarter in the previous year. Revenue from operations of the company increased by 22.93% at Rs 89.27 crore for Q1FY18 as compared Rs 72.62 crore for the corresponding quarter previous year.
Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries.