However, the company reported strong growth in revenue and earnings for Q3FY19 as higher realizations and volumes continue to drive earnings growth. Its revenue grew by 81% yoy to Rs1,855cr; EBITDA stood at Rs1,083cr, up 99.4% yoy.
The company’s net profit stood at Rs764cr, up 112.8% yoy.
Graphite India Ltd is currently trading at Rs436 down by Rs48 or 9.92% from its previous closing of Rs484 on the BSE.
The scrip opened at Rs484 and has touched a high and low of Rs487.50 and Rs436 respectively.