Rs 2.57 billion order secured by GOCL Corporation from Coal India
In its exchange filing, GOCL Corporation Ltd reported a notable growth in profit, with a 20 percent increase to Rs 2.11 billion compared to Rs 1.76 billion in the previous year. The company's consolidated revenue also experienced substantial growth, rising by 126 per cent from Rs 6.23 billion in the previous year to Rs 14.10 billion in FY23. Furthermore, the consolidated revenue for Q4FY23 surged by 85 per cent to Rs 3.02 billion, surpassing the Rs 1.63 billion recorded during Q4 of the previous year.
Additionally, GOCL Corporation Ltd's overseas subsidiary HGHL invested $24 million in 57 Whitehall Investment SARL, Luxembourg. This investment aims to transform the historic Old War Office (OWO) project, located in central London, into a super luxury hotel and upscale residential apartments.