Moneycontrol
Last Updated : Jan 08, 2018 01:43 PM IST | Source: CNBC-TV18

See increase in cost of goods due to higher raw material prices: Goa Carbon

Goa Carbon is buzzing in trade, up almost 5 percent on the back of a good set of Q3 numbers. In an interview to CNBC-TV18, Shrinivas Dempo, Chairman of the company spoke about the results and his outlook for the future.

CNBC TV18 @moneycontrolcom

Goa Carbon is buzzing in trade, up almost 5 percent on the back of a good set of Q3 numbers. In an interview to CNBC-TV18, Shrinivas Dempo, Chairman of the company spoke about the results and his outlook for the future.

Dempo said that the average realisation in the last quarter was about Rs 24,000 per tonne and has gone up to about Rs 29,240 per tonne. So we have almost Rs 5,000 better realisation than the last quarter and this has translated into much better quarter for us this quarter.

He further said that volume growth was 3.5 percent in Q3.

Talking about capacity utilisation, he said it's at 100 percent currently.

We see an increase in the cost of goods due to higher raw material prices, he said.

On debt front, he said we do not have any long-term debt.

We can go for acquisition to increase capacity, he added.

Watch accompanying video for more details.
First Published on Jan 8, 2018 01:43 pm
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