Friday , 16 November 2018
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Graphite India reports around 11 fold jump in Q2 consolidated net profit

Graphite India reports around 11 fold jump in Q2 consolidated net profit

Graphite India has reported results for second quarter ended September 30, 2018.

The company has reported over 10 fold jump in its net profit at Rs 912 crore for the quarter under review as compared to Rs 90.00 crore for the same quarter in the previous year. Total income of the company also jumped over 4 fold at Rs 2,050 crore for Q2FY19 as compared Rs 481 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 11 fold jump in its net profit at Rs 1,113 crore for the quarter under review as compared to Rs 103 crore for the same quarter in the previous year. Total income of the company also jumped over 4 fold at Rs 2,389 crore for Q2FY19 as compared Rs 548 crore for the corresponding quarter previous year.

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