Goa Carbon posts Q4 profit

Goa Carbon posts Q4 profit

Goa Carbon Limited reported a net profit of Rs 0.4 crore for the quarter ending March 2016. This was an improvement against a loss of Rs 7.6 crore in the year-ago period.

Improvements in efficiency, good capacity utilization and sales volumes, better foreign exchange management and lower raw material costs contributed to this profitable quarter despite the steel and aluminium industry going through a challenging business environment.

2016-11-24T11:53:01+00:00 21st April 2016|Featured - Latest News & Updates, Goa Carbon Limited, News|