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31-Jul-2024

Goodluck India

Hydraulic tube plant to commission by August 2024


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Goodluck India held a conference call on 30 July 2024 to discuss the results for the quarter ended June 24 and way forward. Mr. M C Garg- Chairman and Managing Director, and Mr. Ram Aggarwal - CEO of the company addressed the call.

Highlights of the Concall

  • Sales volume was up 17% to almost 102000 tonne in Q1FY25 out of which 57-58% was value-added products.

  • The company's products are used in a wide range of industries, from automotive and aerospace to oil and gas, power, renewable energy, and large infrastructure projects. It is also expanding its footprint in the defence sector.

  • Robust growth was driven by a consistent demand for its products both domestically and internationally. The substantial growth was driven by infra, auto, defense and aero. Domestic demand for steel products has remained robust, driven by the ongoing infrastructure development and a revival in construction activities, rising demand in metro rail projects, d...



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