Goa Carbon surges on reporting over two-fold jump in Q4 net profit
Goa Carbon is currently trading at Rs. 459.00, up by 22.90 points or 5.25% from its previous closing of Rs. 436.10 on the BSE.
The scrip opened at Rs. 456.00 and has touched a high and low of Rs. 465.00 and Rs. 450.35 respectively. So far 9081 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 614.00 on 22-Apr-2022 and a 52 week low of Rs. 305.00 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 465.00 and Rs. 400.85 respectively. The current market cap of the company is Rs. 419.03 crore.
The promoters holding in the company stood at 59.72%, while Institutions and Non-Institutions held 0.10% and 40.18% respectively.
Goa Carbon has reported over two-fold jump in its net profit at Rs 15.20 crore for the quarter ended March 31, 2022 as compared to Rs 6.60 crore for the same quarter in the previous year. Total income of the company increased by over two-fold at Rs 275.71 crore for Q4FY22 as compared Rs 128.02 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a net profit at Rs 37.78 crore as compared to net loss of Rs 4.81 crore for the previous year. Total income of the company increased by over two-fold at Rs 768.67 crore for year under review as compared to Rs 353.44 crore for year ended March 31, 2021.