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Goa Carbon slides as Q1 net loss widens to Rs 7 crore
15-Jul-2026 | 15:41
Goa Carbon tanked 8.52% to Rs 376 after the company has reported a standalone net loss of Rs 6.58 crore in Q1 FY27, compared with a net loss of Rs 7.95 crore posted in Q1 FY26.
Revenue from operations fell 67.04% YoY to Rs 65.64 crore in Q1 FY27, compared with Rs 199.21 crore in the corresponding quarter last year.
The company reported a pre-tax loss of Rs 6.58 crore in the first quarter of FY27, as against a pre-tax loss of Rs 11.78 crore in Q1 FY26.
Total expenses decreased 63.98% YoY to Rs 76.63 crore in Q1 FY27. The cost of materials consumed stood at Rs 46.56 crore (down 79.43% YoY), while employee benefits expense was Rs 5.43 crore (down 8.89% YoY) during the period under review.
Goa Carbon is in the business of manufacturing and selling calcined petroleum coke from its manufacturing facilities at Goa, Paradeep and Bilaspur.
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