Graphite India Limited has declared its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The results were approved by the Board of Directors on February 9, 2026. The accompanying financial statements are accompanied by a Limited Review Report from the Statutory Auditors, confirming the figures. Key notes detail inventory writedowns due to lower electrode prices and the accounting treatment of the recently enacted ‘New Labour Codes’.
Unaudited Financial Performance Highlights (Standalone)
For the quarter ended December 31, 2025, Graphite India reported a Total Income of ₹760 crores, compared to ₹532 crores in the previous year’s corresponding quarter. Total Expenses stood at ₹592 crores. This resulted in a Profit Before Exceptional Item & Tax of ₹158 crores, up significantly from ₹10 crores year-over-year. After accounting for an Exceptional Item of (₹27 crores), the Profit Before Tax was ₹131 crores. The Profit for the Period stood at ₹100 crores.
For the nine months ended December 31, 2025, Total Income reached ₹2,340 crores, leading to a Profit Before Tax of ₹430 crores. Basic Earnings Per Share (EPS) for the quarter was ₹5.13.
Consolidated Financial Overview
The Consolidated Statement shows a Total Income of ₹818 crores for the quarter ending December 31, 2025, rising from ₹542 crores in Q3 FY2024-25. The Profit/(Loss) before Exceptional Item & Tax for the quarter was ₹105 crores (compared to a loss of (₹14) crores previously). The group recorded a Profit Before Tax of ₹105 crores and a resulting Profit/(Loss) for the Period of ₹76 crores.
For the nine months ended December 31, 2025, the consolidated total income was ₹2,383 crores. The consolidated Basic EPS for the quarter was ₹3.91.
Segmental Performance Summary (Consolidated)
The Graphite and Carbon segment remains the primary revenue contributor. For the quarter ending December 31, 2025, this segment reported revenue of ₹580 crores and a segment result (Profit before Exceptional Item and Tax) of ₹32 crores.
Total Consolidated Assets stood at ₹7,482 crores as of the reporting date.
Key Notes from Management
The company provided important context through explanatory notes:
- Inventory recognition was made on a Net Realizable Value (NRV) basis due to the fall in electrode prices, resulting in a total inventory write-down value of ₹77 Crores on the consolidated balance sheet as of December 31, 2025.
- The implementation of the ‘New Labour Codes’ resulted in a non-recurring Exceptional Item impact of ₹27 Crores, presented primarily under employee benefits.
- The company notes that tax refunds of ₹417 Crores received in prior years relate to appeals pending disposal, and therefore, no credit or adjustment has been made on a prudent basis regarding these matters.
Source: BSE
