Goodluck India's Q2 PAT Rises 30%

15 Nov 2024 CW Team

Goodluck India Limited reported a robust 30% year-on-year increase in its profit after tax (PAT) for Q2 of FY25, reaching ?45 crore, driven by strategic market expansions and demand growth across its product range. Known for its steel and engineering products, the company’s financial performance benefited from enhanced production efficiencies, bolstered market demand, and diversified product applications in construction, infrastructure, and manufacturing sectors.

Revenue for the quarter showed a notable rise, attributed to an uptick in orders within both domestic and international markets. Goodluck India's focus on exports has played a key role, as it continues expanding into new territories while strengthening relationships in established markets. The company’s diversification strategy, which includes a balanced portfolio across automotive, agriculture, and engineering sectors, also provided stability against market fluctuations.

In addition to revenue growth, operational efficiencies and cost-management initiatives significantly contributed to the profit rise. Goodluck India has recently upgraded several manufacturing facilities, enhancing productivity and quality standards, which allowed it to meet higher demand effectively without proportionate cost increases. Management expressed optimism about sustaining this growth trajectory, with plans to invest further in manufacturing technology and expand its export footprint to more countries, aiming for broader market reach and increased profitability.

The company’s positive quarterly performance aligns with a broader industry trend, as India’s manufacturing sector experiences growth due to government initiatives like Make in India and incentives promoting domestic production. This upward momentum is expected to continue, with Goodluck India well-positioned to capitalize on growing infrastructure investments and rising steel demand.

Infrastructure Urban

07 May 2026

Vedanta Reports Record Profit in FY26

Vedanta reported its best-ever financial performance in FY26, with profit after tax of Rs 250.96 billion and revenue of Rs 1.74 trillion, supported by operational excellence across businesses. The company delivered nearly 50 per cent total shareholder return and declared a dividend of Rs 34 per share.Vedanta said its net debt-to-EBITDA improved to 0.95x, strengthening financial flexibility. Its demerger, effective 1 May 2026, is aimed at unlocking value by creating focused businesses across aluminium, oil and gas, power, iron and steel, zinc, copper, nickel and ferro alloys.Vedanta Aluminium p..

KEC Wins Orders Worth Rs 10.02 Billion

KEC International, an RPG Group company and global infrastructure EPC major, has secured new orders worth Rs 10.02 billion across its key businesses.In Transmission and Distribution, the company has won orders for projects in India and the Americas. These include ±500 kV HVDC transmission lines from a private developer in Western India, 132 kV cabling works from a steel producer in Eastern India, and the supply of towers, hardware and poles in the Americas.The renewables business has secured an order for a 100+ MW wind project in Southern India from a private developer. In transportation, KEC..

Hindustan Zinc Opens Cath Lab in Udaipur

Hindustan Zinc recently inaugurated a state-of-the-art Cardiac Catheterisation Laboratory at Rabindranath Tagore Hospital, Udaipur. The facility was inaugurated by Gulab Chand Kataria, Governor of Punjab and Administrator of Chandigarh, in the presence of local MLAs, RNT Hospital leadership and senior Hindustan Zinc officials.The Cath Lab follows an MoU signed earlier between Hindustan Zinc and RNT Hospital for the redevelopment and upgradation of the hospital into a future-ready, multi-speciality healthcare facility. Equipped with advanced cardiac technology, it will support minimally invasiv..