Goa Carbon net profit surges 143% to Rs 11.83 in Q4Fy18

Panaji, April 11, 2018: The Board of Directors of Goa Carbon Ltd. (GCL) approved the unaudited results for the fourth quarter ended March 31, 2018 on April 11, 2018. A Dempo group company, GCL is the second largest manufacturer of Calcined Petroleum Coke (CPC) in the country.

Highlights of the quarter –

• Net profit for Q4FY18 increased by 143% at Rs. 11.83 cr  v/s  Rs. 4.87 cr for the corresponding period
• Revenue has gone up to Rs. 162.37 cr in Q4Fy18 v/s Rs. 91.73 cr in Q4FY17
• Total comprehensive income has increased to Rs. 11.70 cr in Q4Fy18 v/s

Rs. 4.92 cr in Q4FY17

• The board has announced 100% dividend at Rs.10/- per share 

Mr. Shrinivas V. Dempo, Chairman, Goa Carbon Limited said, “We are delighted to report strong profits consistently due to growing demand for aluminum and steel in the country.”

He further said, “Our next three months order book position also looks strong and we are confident to maintain our position”. 

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