Goa Carbon Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Goa Carbon's board has approved the financial results for the quarter ended June 30, 2025. Revenue from operations surged to ₹199.25 Cr, up from ₹127.79 Cr in the same quarter last year. However, the company reported a net loss of ₹7.95 Cr, compared to a profit of ₹2.98 Cr previously. Earnings per share stood at (₹8.69).

A significant income tax demand of ₹73.71 Cr for Assessment Year 2023-24 was quashed by the High Court, marking a positive development. Separately, the company continues to deposit 50% of the Goa Green Cess demand under protest, anticipating no material financial impact from this ongoing matter.