ALPHA TRIBE

Goodluck India LimitedUpdates, 06-02-2025: Press Release

06-02-2025 | 04:55 pm

Goodluck India Ltd. has reported a robust growth in its standalone net profit, rising 26% to Rs 40.08 crore for Q3 FY25, attributed to steady demand and an increased share of high-margin value-added products. Operating income rose by 7% to Rs 941.98 crore, while EBITDA also grew by 9% to Rs 82.48 crore. The nine-month performance mirrors this success, with net profit increasing by 25.85% to Rs 119.61 crore on a 7.97% rise in operating income to Rs 2831.27 crore.

The company saw a significant sales volume surge, increasing nearly 21% to 111,078 MT in Q3. Key strategic developments include the recent inauguration of a hydraulic tubes manufacturing plant in Uttar Pradesh, set to enhance revenue streams. Furthermore, Goodluck India plans to launch trial production at its subsidiary's new facility aimed at catering to the Defence and Aerospace Industries by FY26. Overall, the company appears well-positioned for continued growth, particularly with its focus on high-margin products and increased production capabilities.

No comments yet. Be the first to comment!

All announcements from Goodluck India Limited