Graphite India has posted seven-fold rise in its net profit at Rs.4.54 billion, in the quarter ended March 2018.

Last year in the same period, it had a profit of Rs.620 million. Net sales of the company rose more than double from Rs.3.73 billion to Rs.12.12 billion. EBIDTA margins improved from 12% in the same quarter last year, to 58% in the quarter under review.

Further, on sequential basis, net sales and profit increased by 30% and 33%, respectively and EBIDTA margin stood at 36% in Q3FY18.

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