Graphite India net sales in Q4 FY’22 up 36% y-o-y

Graphite India net sales in Q4 FY’22 (Jan-Mar’22) was INR 767 crore up 36% y-o-y but down 8% q-o-q, While net profit was INR 122 crore for the same period, rose by 7% y-o-y but down 21% q-o-q. Meanwhile for FY22, company’s net sales rose by 52% against last financial year at INR 2799 crore as the country came out of lockdown restrictions and steel demand observed significant improvement in FY22.