Latest Breaking News On - Phillips carbon black - Page 17 : comparemela.com
ICRA assigns Credit Rating for Rs 500 crore Commercial Paper Programme of Phillips Carbon Black Limited
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Hero MotoCorp, SBI, Nestle India on radar
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Phillips Carbon Black consolidated net profit rises 75 55% in the March 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
On a consolidated basis, Phillips Carbon Black reported 75.55% jump in net profit to Rs 127.73 crore on 23.75% increase in net sales to Rs 866.73 crore in Q4 FY21 over Q4 FY20.
On the segmental front, revenue from carbon black business was Rs 848.28 crore (up 24.77% YoY) and the revenue from power business was Rs 36.45 crore (up 0.05% YoY) in the fourth quarter.
Total expenses during the quarter rose by 12.25% year-on-year (YoY) to Rs 716.72 crore.
The company s consolidated net profit increased by 9.45% to Rs 313.63 crore on a 18% fall in net sales to Rs 2,659.52 crore in the year ended 31 March 2021 over the year ended 31 March 2020.
Phillips Carbon Black, a part of RP-Sanjiv Goenka Group, is India s largest carbon black manufacturer.
NEW DELHI: Seasoned investor Ashish Kacholia, whose portfolio value more than tripled in the last one year, entered Phillips Carbon Black in March quarter with a 1.45 per cent stake purchase, according to latest shareholding data.
This is even as he trimmed his stake in stocks such as Birlasoft (55 basis points) and Acrysil (39 basis points).
Phillips Carbon had reported a 79 per cent rise in consolidated profit at Rs 125.44 crore for the December quarter. While total income for the quarter was flat at Rs 771.83 crore, Ebit margin jumped to 21.10 per cent from 11.95 per cent in September and 13.39 per cent in the year-ago quarter.