Goa Carbon has reported results for third quarter ended December 31, 2018.
The company has reported net loss of Rs 4.91 crore for the quarter under review against net profit of Rs 22.50 crore for the same quarter in the previous year. Total income of the company also decreased by 49.75% at Rs 95.99 crore for Q3FY19 as compared Rs 191.03 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.