Goa Carbon’s Performance Analyzed
Goa Carbon had a mixed quarter in Q3 of fiscal year 2026. While they sold a lot more, making 49.51% more money than last year, they also lost more money overall. This is because their costs went up significantly.
Key Points
- Revenue soared 49.51% year-over-year, signaling increased sales volume.
- Net loss increased by 148% from Rs 8.34 crore to Rs 23.37 crore.
- Expenses rose sharply, up 55.22% to Rs 220.90 crore.
- Material costs jumped 50.08% to Rs 203.60 crore.
- Nine-month losses also increased to Rs 52.73 crore.
- Share price slightly decreased, currently at Rs 368.20.
Q3 FY26 Results Breakdown
Goa Carbon’s revenue jumped up to Rs 193.58 crore. This was a big increase of 49.51% compared to the same time last year. They sold a lot more calcined petroleum coke – that’s what they make and sell.
However, the company also reported a pre-tax loss of Rs 20.93 crore. This was higher than the previous year’s Rs 10.39 crore loss. Increased costs played a significant role in this.
The biggest cost increases came from the materials they used. The cost of materials went up by 50.08% to Rs 203.60 crore. Employee costs also increased by 10.54% to Rs 6.08 crore.
Nine-Month Performance
Looking at the first nine months of the financial year, Goa Carbon had a net loss of Rs 52.73 crore. This compares to Rs 15.49 crore in the same period last year. Revenue for this period increased by 31.68% to Rs 495.04 crore.
The company’s shares were trading at Rs 368.20 on the BSE, a small decrease of 0.24%.
“Goa Carbon’s growth potential hinges on their ability to manage rising costs and maintain strong sales momentum.”



