Goodluck India today (3 January 2021) announced its sales volume performance for the third quarter ended 31 December 2021.
The company registered sales volume of 72,273 metric tonnes in Q3 FY22, up 9.81% QoQ and 16.90% YoY. Better availability of raw material coupled with strong growth in exports sales led to higher overall sales volume.
Exports accounted for 32% of the total sales volume in Q3 FY22 as against 22% in Q3 FY21.
Contribution form value added segments, viz - precision tubes, forging and engineering structures Increased to 53% in Q3 FY22 from 49% in Q3 FY21.
Goodluck India is engaged in manufacturing and exporting a wide range of specialised engineering structures, forgings, precision tubes, CR coils and pipes & tubes.
The company's consolidated net profit rose 78.22% to Rs 17.02 crore on a 52.08% increase in sales to Rs 626.28 crore in Q2 FY22 over Q2 FY21.
The scrip rose 0.76% to currently trade at Rs 362.55 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app