Goa Carbon shares fell nearly 3% following company reported a standalone net loss of ₹8.34 crore for the quarter ended December 2024, compared to a net profit of ₹34.59 crore in the same quarter last year.
- Sales: Declined by 52.47% YoY to ₹129.42 crore from ₹272.30 crore in Q3 FY24.
- Operating profit margin (OPM): Fell to -6.52% from 17.33% YoY.
- Profit before depreciation and tax (PBDT): Stood at a loss of ₹9.64 crore compared to ₹46.83 crore profit last year.
- Profit before tax (PBT): Registered a loss of ₹10.39 crore against a profit of ₹46.20 crore in Q3 FY24.
The significant drop in profitability and sales was attributed to lower production and decreased demand in key markets, affecting the company’s overall financial performance.
Stock Performance:
- Current price: ₹557.85 (down 2.92%)
- Previous close: ₹574.60
- Day range: ₹551.00 – ₹573.25
- 52-week range: ₹543.05 – ₹1,009.00
- Market cap: ₹5.10 billion
- Average volume: 41.98K
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
TOPICS:
Goa Carbon