Goodluck registers highest sales volume ever!

Goodluck India Limited, which is engaged in manufacturing and exporting a wide range of specialised engineering structures, forgings, precision tubes, CR coils as well as pipes & tubes, announced its sales volume performance for the third quarter ended December 31, 2021.   

The company registered the highest sales volume ever of 72,273 metric tonnes in Q3FY22. Better availability of raw material, coupled with strong growth in exports sales led to higher overall sales volume. The volume increased by 9.81 per cent QoQ and 16.90 per cent YoY.  

Contribution from value-added segments, viz – precision tubes, forging, and engineering structures increased from 49 per cent in Q3FY21 to 53 per cent in Q3FY22.  

Geography-wise volume breakup stood as follows in Q3FY22: 

Exports stood at 68 per cent while 32 per cent volume was from domestic.   

The stock has delivered more than 550 per cent returns in the last one year and in the last one month, it has performed exceptionally well by rising 35 per cent.