31
Jan
15:30
Graphite India profit soars but inputs worries remain
Rising graphite electrode demand is likely to continue to drive sales prices, but increasing input costs due to limited raw material availability may impact margins, says Graphite India.
The Indian electrode producer’s revenue soared 160% on-year in the third fiscal quarter through December (FQ3) to INR 93,306 lakhs ($146.77 million). Net profit surged to INR 34,053 lakhs from only INR 2,338 lakhs in the year-earlier quarter. Improved sales prices were cou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous