Goa Carbon announced that its Goa Plant located at St. Jose de Areal, Salcete-Goahas been temporarily shut down for maintenance work from today (30 April 2019).

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Net loss of Goa Carbon reported to Rs 8.79 crore in the quarter ended March 2019 as against net profit of Rs 11.84 crore during the previous quarter ended March 2018. Sales declined 19.66% to Rs 129.09 crore in the quarter ended March 2019 as against Rs 160.68 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 7.51 crore in the year ended March 2019 as against net profit of Rs 53.85 crore during the previous year ended March 2018. Sales declined 19.93% to Rs 461.37 crore in the year ended March 2019 as against Rs 576.22 crore during the previous year ended March 2018.

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Goa Carbon will hold a meeting of the Board of Directors of the Company on 22 April 2019.

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Goa Carbon Ltd gained 1.45% today to trade at Rs 533.75. The S&P BSE Energy index is up 0.64% to quote at 4239.39. The index is down 0.27 % over last one month. Among the other constituents of the index, Hindustan Oil Exploration Company Ltd increased 1.31% and Confidence Petroleum India Ltd added 1.19% on the day. The S&P BSE Energy index went up 0.57 % over last one year compared to the 3.86% surge in benchmark SENSEX.

Goa Carbon Ltd has lost 9.38% over last one month compared to 0.27% fall in S&P BSE Energy index and 0.25% rise in the SENSEX. On the BSE, 5781 shares were traded in the counter so far compared with average daily volumes of 28372 shares in the past one month. The stock hit a record high of Rs 1149 on 16 Jan 2018. The stock hit a 52-week low of Rs 399.8 on 09 Oct 2018.

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