Monthly Update2 Sept 2025, 07:23 pm
Goodluck India's Annual Report FY 2024-25: Adapt to Accelerate, Achieving Turnover of Over USD 185 Million
AI Summary
Goodluck India Limited, a leading engineering solutions provider, has released its Annual Report for the Financial Year 2024-25. The report highlights the company's commitment to adaptability and innovation, which has led to significant growth and expansion. Key highlights include the incorporation of a new subsidiary, Goodluck Defence and Aerospace Limited, commissioning of new manufacturing plants, and expansion of the engineering products portfolio. The company has secured approvals, contracts, and collaborations worth millions of dollars, enabling it to extend its global footprint to over 100 countries and contribute meaningfully to India's industrial and infrastructure progress.
Key Highlights
- Incorporated as a Private Limited Company and later converted to a Public Limited Company.
- Established a subsidiary, Goodluck Defence and Aerospace Limited, to enhance the Company’s footprint in the defense sector.
- Commissioned new machinery to enhance forging capacity and expanded capacity for precision tubes.
- Secured RDSO approval for the Kutch Plant, enabling it to produce 50,000 MTPA of ERW Precision Tubes.
- Achieved a turnover of over USD 185 million by commissioning another plant for ERW/CDW Precision Tubes.