SENSEX    40522.1       376.60    |    NIFTY    11889.4       121.65 FAQ    |    Feedback
EQUITIES
DERIVATIVES
IPO
COMMODITIES
Gainers & Losers Value & Volume Toppers 52 Weeks High/Low Advances & Declines
New High-Low
Pre-Session Mid-Session End-Session Other Markets Market Beat Stock Alert
Hot Pursuit Foreign Markets Economy News Corporate News Corporate Results
Detailed Quotes Board of Directors Balance Sheet Profit & Loss Quarterly Results Historical Price
Financial Ratios Company Background Technical Chart
Announcements Book Closure Board Meetings Bonus Issues Rights Issues
De-Listed Shares Name Change Split of Face Value Market Turnover
FII Investments MF Investments ADR Prices World Indices
Forthcoming IPOs
Open IPOs
Closed IPOs
New Listing
Basis Of Allotment Draft Prospectus New Issue Monitor
Get Quotes
Gainers
Losers
Value Toppers Advances & Declines Ticker Spot
Ticker Futures Closing Price Technical Chart Commodity News MCX Currency Futures
Get Quotes NIFTY Futures Top Traded Value Top Quantity Most Active Contracts
FII Statistics Daily Settlement Price List of Underlyings Put Call Ratio Derivative Summary
All Index Futures Top Gainers Top Losers Most Active Put Most Active Call
Highest in OI Lowest in OI Increase in OI Decrease in OI
Hot Pursuit
Scrips, which has significant changes during the market hours for last one week.
Phillips Carbon Q2 PAT falls 25% YoY to Rs 58 cr
16-Oct-20   14:39 Hrs IST

Profit before tax (PBT) fell 29.21% year-year (YoY) to Rs 73 crore in Q2 September 2020. Total tax expense fell 41.7% to Rs 14.92 crore in Q2 September 2020 over Q2 September 2019. The result was announced during market hours today, 15 October 2020.

The earnings were impacted in the backdrop of the continued global recession in the automobile industry further aggravated by the COVID-19 pandemic.

The company's additional 32,000 tonne capacity at Palej in Gujarat is expected to be commissioned by FY21. This consist of two lines, both for specialty black and also a 7 MW co-generation power plant.

The greenfield project of about 1,50,000 MT for manufacture of various grades of carbon black and 25 MW of co-generation power over 60 acres of land in Tamil Nadu is progressing strategically. Total investment is estimated to be in excess of Rs 600 crore and is expected to be commissioned by 2023. PCBL (TN), a wholly owned subsidiary of Phillips Carbon Black has been incorporated on 29 September 2020.

Further, the company's 7 MW co-generation power plant in Kochi (Kerala) is expected to be commissioned by 2021.

Shares of Phillips Carbon Black were up 3.59% at Rs 135.7 on BSE. The stock fell 3.1% in the past two sessions.

Phillips Carbon Black (PCBL), a part of RP-Sanjiv Goenka Group, and one of the leading global players, is India's largest Carbon Black manufacturer with four plants at Durgapur, Palej, Kochi and Mundra.

Powered by Capital Market - Live News

Currencies
Currency EUR GBP INR USD
Europe (EUR) 1.00 0.91 87.30 1.19
United Kingdom (GBP) 1.10 1.00 95.99 1.30
India (INR) 0.01 0.01 1.00 0.01
United States (USD) 0.84 0.77 73.64 1.00
Commodities << ALL Commodities
GOLDAHMD510484
SILVERAHMD61556-1022
CRUDEOILMUMBAI2835-155
COPPERMUMBAI534.91.20
 Market News << ALL News
   Disclaimer   |   BSE Disclosure  |   Privacy Policy   |   Investor Protection   |   Inactive Account
Feedback   |   PMLA Policy   |   Risk Management Policy   |   Insider Trading   
  
   Investor Grivenances   |   Investor Complaints   |   Rules And Regulations   |   Broker Norms   |   Terms of Use SEBI Registration No : INZ000267132   |   BSE Clearing No : 333   
   Copyright © 2011 All rights reserved by Jaysukhlal Jagjivan Stock Broking Pvt.Ltd Designed, Developed & Powered By CMOTS INFOTECH (ISO 9001:2015 certified)