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.
The capacity utilisation is around 100 percent and second half of FY18 is expected to be good, Shrinivas Dempo, Chairman, Goa Carbon.
Goa Carbon posted a strong set of earnings in Q1. In an interview to CNBC-TV18, Shrinivas Dempo, Chairman of the company spoke about the results and his outlook for the company.
"If the raw material prices remain at the level that they are and the sales realisation goes up a little bit then we would see a better profit than last year," Shrinivas V Dempo, Chairman of Goa Carbon said.
The company is currently functioning at 75 percent capacity utilisation, says Jagmohan Chhabra, ED, Goa Carbon.
Goa Carbon is largely a debt-free company as it uses supplier credit and, hence, has no long-term debt, says Jagmohan J Chhabra, ED of the company.
In an interview to CNBC-TV18, Shrinivas Dempo, chairman, Goa Carbon shares his views on the company's Q3 numbers.
The company is targeting capacity utilization of 70-75 percent and expects to maintain its margins this year, says Shrinivas Dempo, Chairman, Goa Carbon.
In an interview with CNBC-TV18‘s Nigel D‘Souza and Reema Tendulkar, Shrinivas V Dempo, Chairman, Goa Carbon, discussed the company‘s third quarter earnings and the outlook going forward.
Speculations of a stake sale in Goa Carbon was doing the rounds. However, Shrinivas Dempo, Chairman of the company denied any news of a stake sale. He tells CNBC-TV18, the company is sitting on a cash surplus generated from its divestment project and therefore, the company is not looking to tie up with any strategic investor.