Goa Carbon is engaged in the manufacture and sale of calcined petroleum coke. The firm is a supplier to aluminum smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

The company reported net loss of Rs 1.31 crore in the quarter ended December 2020 as against net loss of Rs 4.12 crore during the previous quarter ended December 2019. Sales declined 24.03% to Rs 81.20 crore in Q3 FY21 over Q3 FY20.

The scrip rose 2.45% to Rs 335 on the BSE. It traded in the range of 327.05 and 350.30 so far during the day.