Tag: Q1 FY20

COVID-19 takes a toll on Graphite India’s Q1 FY21 performance as sales plummet by 58%

Aug 14, 2020

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by

Aditi Tiwari

in Graphite Electrode

Indian Graphite electrodes manufacturer, Graphite India (GIL) posted a consolidated sales of INR 409 crore for Q1 FY21 (Apr-Jun), down by 58% y-o-y. A net loss of INR 78 crore has been reported in Q1 FY21 against net profit of INR 220 crore in Q1 FY20. The company’s capacity utilisation in Q1 FY21 stood at…