Steel products maker Goodluck India Ltd on Saturday posted a 72 per cent rise in its consolidated net profit at Rs 31.75 crore during the quarter ended December 2023, aided by higher income.
It had clocked a net profit of Rs 18.40 crore during the October-December period of preceding 2022-23 financial year, the company said in a statement.
The company's income also rose 24 per cent to Rs 878.27 crore from Rs 705.95 crore year on year.
Goodluck India manufactures a wide range of engineered steel structures, precision/ auto tubes, forging for defence and aerospace, CR (cold rolled) products and GI (galvanised iron) pipes.
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These products are used by automobile manufacturers, infrastructure companies, and industries like engineering, oil and gas, among others.
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