Goa Carbon reported a 35.2 per cent YoY jump in net profit to Rs. 34.59 crore in Q3 FY24 compared to Rs. 25.59 crore in Q3 FY23.

The standalone sales during Q3 FY24 dropped to Rs 272.4 crore from Rs 416.8 crore a year ago, according to a regulatory filing.

EBITDA stands at Rs. 50.55 crore in December 2023 up 4.18% from Rs. 48.52 crore in December 2022.

Its total expenses decreased 40.5 per cent to Rs 229.6 crore owing to a 50.3 per cent fall in the cost of material consumed.