Mr. K. P. Goenka founded Phillips Carbon Black Limited, a division of the RP-Sanjiv Goenka Group, in 1960 in partnership with Phillips Petroleum Company, USA, with the primary goal of replacing the import of carbon black. With a sizable client base in more than 45 countries, PCBL is a formidable worldwide player and the leading producer of carbon black in India.
Additionally, the business manufactures speciality carbon blacks, which are utilised as pigments, UV stabilisers, and conductive agents in a range of regular and specialised goods, including plastics, printing & packaging, and coatings.
Financial Results:
- Phillips Carbon Black Limited reported Total Income for Q4FY23 of ₹ 1,390 Crores up from ₹ 1,231 Crore year on year, a rise of 13%.
- Total Expenses for Q4FY23 of ₹ 1,242 Crores up from ₹ 1,122 Crores year on year, rise of 11%.
- Consolidated Net Profit of ₹ 102 Crores, up 16% from ₹ 88 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 2.71, up 16% from ₹ 2.34 in the same quarter of the previous year.
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