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Post recent raw material mobilization, company’s operations are in full swing. Company is sitting on sale order of 50,000 tonne and hopeful of capacity utilization of 96 percent in Q4. End market demand, particularly in aluminum industry (80 percent of sales) remains intact.
The company is hopeful of a positive outcome from the October 9 hearing in the Supreme Court as the petcoke is used as feedstock in the industry and not as fuel.
Consumption sectors (FMCG, durables, autos), though on a soft base, post noticeable volume growth for a consecutive quarter.
Sales realization continues to remain firm and up about ~3 percent QoQ and 15 percent in last six months.
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.
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.
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.