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Goodluck India held a conference call on 10 February 2025 to discuss the results for the quarter ended December 24 and way forward. Mr. M C Garg- Chairman and Managing Director, and Mr. Ram Aggarwal - CEO of the company addressed the call.
Highlights of the Concall
- The company PAT increased by 26% for the quarter, while its sales increased 7%. This has happened because of its emphasis on quality and value-added products, reflecting its strategy of producing high-margin products.
- The company mentioned that globally, economy is perhaps undergoing a slowdown. Inflation continues to be cause of concern, not in India only, but almost all developed and other countries as well.
- However, the macro fundamentals of Indian economy continue to be in-place and it expect resurgence of moderate growth in the next few quarters, driving on government expense and private consumption.
- The steel industry witnessed witness initial slowdown...
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