Goa Carbon Ltd., a petrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2022.
Q1 Results- QoQ
The company reported 4.7% decline in net profit to Rs 144.8 million for the period ended June 30, 2022 as against net profit of Rs 151.9 million for the previous quarter.
Net sales dropped 25.1% to Rs 2.06 billion during the period ended June 30, 2022 as com-pared to Rs 2.75 billion during the previous quarter.
Q1 Results- YoY
The company reported a net profit of Rs 144.8 million for the period ended June 30, 2022 as against net profit of Rs 1.2 million for the prior-year quarter.
Net sales increased 65% to Rs 2.06 billion during the period ended June 30, 2022 as com-pared to Rs 1.25 billion during the prior-year quarter.
Goa Carbon Limited is an Indian petrochemical company and is engaged in the manufacture and sale of Calcined Petroleum Coke.