Graphite India faces worst day in 17 months as quarterly profit more than halves

Graphite India

10/11/2025 09:04

** Shares of Graphite India GRPH.NS drop nearly 9% to 526 rupees, face worst session since June 5, 2024

** Stock set for a sixth straight session of losses

** Graphite electrode maker posts 60.5% y/y drop in Q2 net PAT, rev from ops rises 13%

** Expenses soared as co wrote down carrying cost of inventory, citing a fall in electrode prices

** Co says value of writedown is 800 million rupees ($9.10 million), as at September 30

** YTD, GRPH down 7%

($1 = 87.8950 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))