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Phillips Carbon Black has posted 162.5% rise in YoY profit at Rs.74.3 crore for the March quarter. profit in the same period year ago was at Rs.28.3 crore.
Revenue from operations in the March quarter rose by 37% to Rs.753 crore, as against Rs.550 crore in the year ago period. Operating profit or EBITDA grew 23% to Rs.101.9 crore YoY, but margin contracted 160 basis points to 13.5% on higher raw material cost that grew 45% YoY.
