Goa Carbon reports net loss of Rs 9 crore in Q4

22 Apr 2019

Goa Carbon has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a net loss of Rs 8.79 crore for the quarter ended March 31, 2019 as against net profit of Rs 11.84 crore for the same quarter in the previous year. Total income of the company decreased by 20.92% at Rs 128.41 crore for quarter under review as compared to Rs 162.37 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a net loss at Rs 7.51 crore as against net profit of Rs 53.85 crore for the previous year. Total income of company decreased 22.14% at Rs 464.04 crore for year under review as compared to Rs 595.99 crore for year ended March 31, 2018.

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