Goa Carbon today reported a net loss of Rs 5.10 crore for the quarter ended September 30, 2009, while it had a net profit of Rs 2.81 crore in the same quarter last year.
Total income declined to Rs 74.84 crore in the latest quarter, against Rs 103.24 crore in the same quarter in the corresponding year, Goa Carbon said in filing to the Bombay Stock Exchange.
The board has also approved to raise Rs 100 crore by issuing shares on right basis for the China project, working capital and general corporate purposes, the filing added.