Graphite India Q4 Review - Healthy Operational Performance: ICICI Direct
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ICICI Direct Report
Graphite India Ltd. reported an operationally healthy set of Q4 FY21 numbers, especially for the standalone entity.
For Q4 FY21, standalone operations reported capacity utilisation of 85% compared to 78% in Q3 FY21, 49% in Q4 FY20.
Standalone operations reported topline of Rs 563 crore, up 24% QoQ, 3% YoY.
Ebitda of standalone operations was at Rs 128 crore, while adjusted standalone Ebitda (Ebitda excluding onetime income and expense) was at Rs 188 crore.
Standalone profit after tax was at Rs 114 crore (up 356% YoY, 23% QoQ).
For Q4 FY21, consolidated operations reported capacity utilisation of 73% compared to 65% in Q3 FY21 and 41% in Q4 FY20.
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