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Goa Carbon reports net loss of Rs 7.49 crore in Q1FY14

08 Jul 2013 Evaluate

Goa Carbon, the second largest manufacturer of Calcined Petroleum Coke has reported its result for the first quarter ended June 30, 2013.

The company has reported a net loss of Rs 7.49 crore in Q1FY14 as compared to a net loss of Rs 6.71 crore in the same quarter previous year. The company’s income from operation has decreased by 25.74% to Rs 41.63 crore in quarter under review as against Rs 56.06 crore in the corresponding quarter last 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 matallurgical and chemical industries.

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