Goa Carbon shuts Goa unit for maintenance

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Capital Market
Last Updated : Sep 07 2020 | 10:04 AM IST

The unit located at St. Jose de Areal, Salcete in Goa is shut from 4 September 2020.

The operations at the company's Goa Unit located at St. Jose de Areal, Salcete-Goa has been temporarily shut down for maintenance work from 4 September 2020, the calcined petroleum coke maker announced post trading hours on Friday, 4 September 2020.

Goa Carbon reported a net loss of Rs 4.84 crore in Q4 March 2020, higher than a net loss of Rs 8.79 crore in Q4 March 2019. Net sales slumped 46.4% to Rs 69.22 crore in Q4 March 2020 over Q4 March 2019.

Shares of Goa Carbon rose 0.72% to Rs 223.05 on BSE. Goa Carbon is engaged in the manufacture and sale of calcined petroleum coke. The firm is a supplier to aluminum smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

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First Published: Sep 07 2020 | 9:21 AM IST

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