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28-May-2024

Goodluck India

Demand growth has been robust


'Consolidated net sales (including other operating income) of Goodluck India has increased 18.04% to Rs 902.49 crore.  Operating profit margin has declined from 7.57% to 7.34%, leading to 14.44% rise in operating profit to Rs 66.24 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 74.53% to 75.02%.   Employee cost decreased from 4.22% to 4.01%.   Other expenses fell from 13.76% to 13.67%.  

Other income rose 258.02% to Rs 8.7 crore.  PBIDT rose 24.26% to Rs 74.94 crore.  Provision for interest rose 0.07% to Rs 15.29 crore.  Loan funds rose to Rs 612.04 crore as of 31 March 2024 from Rs 597.54 crore as of 31 March 2023.  Inventories rose to Rs 609.17 crore as of 31 March 2024 from Rs 520.11 crore as of 31 March 202...



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