Q3FY17 Results: Graphite India Ltd
Bhagyashree Vivarekar / 14 Feb 2017
The company reported PAT of Rs 23.38 crore, which represents a sequential QoQ increase of 46.68 per cent and a YoY increase of 1.92 per cent.
Graphite India Ltd. reported its results for the quarter ended December 31, 2016 today.
The company's standalone numbers saw degrowth in the topline, but a healthy bottomline for the quarter.
It reported total sales of Rs 337.56 crore for Q3FY17, which represents a 5.61 per cent sequential increase and 5.35 per cent YoY decline.
Its operating profit (EBIT) for the quarter came in at Rs 26.76 crore, with an EBIT margin of 7.93 per cent.
The company reported PAT of Rs 23.38 crore, which represents a sequential QoQ increase of 46.68 per cent and a YoY increase of 1.92 per cent.
Graphite India Ltd is an Indian company that operates in three segments: graphite and carbon segment, power segment and other segments. Graphite and carbon segment is engaged in the production of graphite electrodes, anodes, and other miscellaneous carbon and graphite products. Power segment is engaged in the generation of power. The other segment comprises of manufacture of impervious graphite equipment (IGE) and glass reinforced pipes (GRP).
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