PCBL posts 22 % rise in Q4 net sales at Rs 539.61 crore

摘要

Phillips Carbon Black (PCBL), an RP-Sanjiv Goenka Group company, posted a 22 % rise in net sales at Rs 539.61 crore in the fourth-quarter (Q4) ended March 31, 2012, against Rs 443.27 crore in the corresponding period last year. Company officials attribute the improved Q4 net sales to sales price increase on account of steep increase in raw material prices. "The performance of the company has been impacted due to lower offtake by tyre companies and higher imports of carbon black in the country from China at dumping prices, resulting in lower capacity utilisation after the commissioning of Mundra line in April 2011," the company stated in a mediastatement issued.