Phillips carbon black reports 32% fall in Q1 consolidated net profit

19 Jul 2019

Phillips carbon black has reported results for first quarter ended June 30, 2019.

The company has reported 33.71% fall in its net profit at Rs 64.66 crore for the quarter under review as compared to Rs 97.54 crore for the same quarter in the previous year. However, total income of the company increased by 16.82% at Rs 917.30 crore for Q1FY20 as compared Rs 785.23 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 31.63% in its net profit at Rs 66.82 crore for the quarter under review as compared to Rs 97.73 crore for the same quarter in the previous year. However, total income of the company increased by 17.11% at Rs 919.88 crore for Q1FY20 as compared Rs 785.49 crore for the corresponding quarter previous year.

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