Stock Report

Goa Carbon Q1 FY27 Results: Net Loss Shrinks YoY to ₹658 Lakh as Revenues Face Steep Correction

Posted On : 2026-07-15 21:12:38( TIMEZONE : IST )

Goa Carbon Limited (NSE: GOACARBON | BSE: 512020), a leading manufacturer of calcined petroleum coke, today announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company's financial performance highlights a massive contraction in its top-line revenue, which sequentially slid the company back into a net loss. However, lower overall expenses helped Goa Carbon narrow its losses on a year-on-year basis.

Income Plummets YoY and Sequentially

Goa Carbon witnessed a major decline in business volume and operational revenue during the quarter under review:

Revenue from Operations: Consolidated revenue from operations (including sales and other operating income) dropped sharply to ₹6,569.75 lakh. This represents a steep 67.0% decline compared to the ₹19,925.01 lakh recorded in the year-ago quarter (Q1 FY26) and a sequential plunge of 67.3% from ₹20,112.18 lakh in the preceding quarter (Q4 FY26).

Other Income: Provided a minor cushion, rising to ₹435.09 lakh during the quarter from ₹171.84 lakh in Q1 FY26 and ₹149.33 lakh in Q4 FY26.

Total Income: Consequently, total income for Q1 FY27 stood at ₹7,004.84 lakh, down from ₹20,096.85 lakh in the year-ago quarter and ₹20,261.51 lakh in the previous quarter.

Expenses Rationalized Amid Reduced Activity

To offset the revenue drop, Goa Carbon significantly trimmed its operational outlays, primarily driven by a substantial reduction in raw material consumption:

Total Expenses: Fell dramatically to ₹7,663.20 lakh for the quarter, compared to ₹21,275.14 lakh in Q1 FY26 and ₹19,802.68 lakh in Q4 FY26.

Cost of Materials Consumed: Dropped to ₹4,656.65 lakh, down nearly 79.4% from ₹22,639.23 lakh in the year-ago quarter.

Other Operational Costs: Finance costs stood at ₹582.90 lakh (compared to ₹493.52 lakh in Q1 FY26), while employee benefits expenses were slightly lower at ₹543.21 lakh (compared to ₹596.17 lakh in Q1 FY26). Other administrative and manufacturing expenses also fell to ₹877.48 lakh from ₹1,952.66 lakh in the year-ago period.

Net Loss Narrows Year-on-Year

Despite the sequential drop in profitability, the aggressive reduction in material costs ensured that Goa Carbon's net loss remained lower than the loss recorded in the corresponding quarter of the previous fiscal year:

Net Loss After Tax: Stood at ₹658.36 lakh for Q1 FY27. This is a sequential decline from a net profit of ₹449.31 lakh in Q4 FY26, but reflects a notable improvement over the net loss of ₹795.25 lakh reported in Q1 FY26. No tax expenses or adjustments were registered for the current quarter.

Total Comprehensive Loss: Factoring in other comprehensive income of ₹111.34 lakh (comprising equity instrument gains and remeasurements of defined benefit plans), the total comprehensive loss for the quarter was ₹547.02 lakh, compared to a comprehensive loss of ₹739.04 lakh in Q1 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter came in at ₹(7.19) per share (face value of ₹10 each), showing a sequential decline from ₹4.91 in Q4 FY26, but improving from ₹(8.69) in the year-ago quarter. Paid-up equity share capital remained stable at ₹915.11 lakh.

Shares of Goa Carbon Limited was last trading in BSE at Rs. 378.80 as compared to the previous close of Rs. 411.00. The total number of shares traded during the day was 4774 in over 477 trades.

The stock hit an intraday high of Rs. 415.70 and intraday low of 374.50. The net turnover during the day was Rs. 1846282.00.