Graphite India Limited reported a weak performance in the first quarter of FY26, with both profit and revenue declining sharply on a year-on-year basis. For the quarter ended June 30, 2025, the company’s consolidated net profit fell by 43.6% to ₹133 crore, compared to ₹236 crore in Q1 FY25.

Revenue from operations also slipped to ₹665 crore from ₹728 crore in the same period last year, registering a decline of 8.65% YoY. Total income dropped to ₹815 crore from ₹922 crore a year ago.

Despite the revenue fall, total expenses stayed largely flat at ₹648 crore, compared to ₹638 crore in the year-ago quarter. The cost of materials consumed stood at ₹252 crore, marginally higher than ₹248 crore last year. Power and fuel expenses came in at ₹90 crore, slightly up from ₹87 crore.

Following the underwhelming Q1 performance, Graphite India shares came under pressure and dropped nearly 6% in intraday trade. The stock opened at ₹574.00 but slipped to a low of ₹532.70 during the session. This was a sharp fall from the previous close of ₹572.75. Despite today’s decline, the stock is still trading well above its 52-week low of ₹365.75, though it remains below its 52-week high of ₹623.35.

TOPICS: Graphite India