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Phillips Reports Quarterly Results

Phillips Carbon Black Ltd. has announced its results for the quarter ended June 30, 2009. Total net sales of Rs.291.45 crore for the quarter compared to Rs.299.48 crore for the quarter ended on June 30, 2008. Net profit for the period was Rs.20.48 crore for the quarter ended on June 30, 2009 compared to Rs.22.90 crore for the same quarter last year. Though down compared to the same quarter last year, PCBL’s net sales increased 17% compared with the quarter ended March 31, 2009, when the company reported total net sales of Rs.241.45 crore.

Revenue in the Carbon Black segment totaled Rs.282.0 crore for the most recent quarter, compared to Rs.301.45 crore for the same quarter last year. Revenue in the Carbon Black segment for the quarter ended March 31, 2009 totaled Rs.237.20 crore.

Results are here.

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