Goodluck India's Stellar Quarter: Profit and Growth Surge

Goodluck India reported a 30% increase in profit after tax to Rs 45.06 crore in the September 2024 quarter, driven by higher income. The company's total income also rose to Rs 992.65 crore. During the half-year ended September 30, 2024, net profit increased by 25.66%, with a 9.4% surge in sales volume.

Special steel manufacturer Goodluck India announced a significant rise in profit after tax, reaching Rs 45.06 crore—a 30% increase—for the September 2024 quarter, fueled by increased income.

The firm's total income escalated to Rs 992.65 crore compared to Rs 887.75 crore in the same quarter of last year, according to a regulatory disclosure.

During the first half of the fiscal year ending September 30, 2024, net profit grew by 25.66% to Rs 79.53 crore, up from Rs 63.29 crore in the previous half-year, supported by a nearly 9.4% rise in sales volume.

(With inputs from agencies.)