Goa Carbon, a manufacturer of calcined petroleum coke, has posted a net profit of Rs 2.81 crore for the quarter ended 30 September, 2008-09, against the net loss of Rs 0.45 crore in the corresponding previous quarter. The company's net sales during the period stood at Rs 103.13 crore against Rs 40.16 crore last year, up 156.8 per cent.
"The improvement in figures comes on the back of the overall growth in business owing to increased demand from the domestic market for our products," said Shrinivas Dempo, chairman of the company. Goa Carbon’s domestic customers include Nalco, Hindalco, Indal, Malco and Balco.
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