Published on 01/08/2025 03:04 PM
Graphite India Q1 Results: Stock tanks after EBITDA falls 60%; expansion announcedEstimated investment for the expansion is approximately ₹600 crore, which includes around ₹100 crore earmarked for captive power generation through renewable energy sources.By Meghna Sen August 1, 2025, 3:04:22 PM IST (Published)1 Min ReadShares of Graphite India Ltd. declined by 8% on Friday, August 1, after the company announced its financial results for the April to June quarter, which showed a year-on-year decline across all key parameters.
Net profit fell by 43.6% to ₹133 crore, compared to ₹236 crore in the same quarter last year.
Revenue declined by 8.7% to ₹665 crore, from ₹728 crore in the year-ago period.
Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) dropped 61.2% to ₹43 crore, versus ₹113 crore a year earlier.
EBITDA margin contracted to 6.5%, down from 15.5% in the corresponding quarter last year.
On the operations front, the company's existing production capacity stands at 80,000 tonnes per annum (TPA) in India, with a capacity utilisation rate of 80%-85%.
A proposed capacity expansion of 25,000 TPA will be executed in two phases:
Phase 1: 13,000 TPA to be added within the next 12 months
Phase 2: 12,000 TPA to be added over the following 36 months
Estimated investment for the expansion is approximately ₹600 crore, which includes around ₹100 crore earmarked for captive power generation through renewable energy sources.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsGraphite India