India’s GIL posts 70% rise in net profit for Q2 FY 2023-24

Tuesday, 31 October 2023 12:31:08 (GMT+3)   |   Kolkata
       

Indian producer of special steel, precision tubes and forgings Goodluck India Limited (GIL) has reported a net profit of INR 347 million ($4.10 million) in the second quarter (July-September) of the fiscal year 2023-24, up 70 percent year on year, a company statement said on Tuesday, October 31.

The company reported total revenue of INR 8.87 billion ($106.70 million) during the quarter, up 13 percent year on year.


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