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    • Exports to chip in Rs 320 crore to FY17 revenue: Good Luck Steel

      After a disappointing first quarter due to weak exports show, Good Luck Steel Tubes expects export performance to revive with Rs 320 crore of revenue expected from the segment this fiscal, says Chairman and Managing Director MC Garg.

    • Expect 15-20% topline growth in FY17: Goodluck Steel

      The company reported a flat net profit at Rs 7 crore for the fourth quarter and marginal growth in total income to Rs 236 crore from Rs 235.6 crore quarter-on-quarter. Muted exports weighed on the turnover in the fourth quarter of FY16, said MC Garg, Chairman & Managing Director of Goodluck Steel Tubes.

    • New capacity to aid revenue by FY17: Goodluck Steel

      Speaking to CNBC-TV18 MC Garg, CMD, Goodluck Steel Tubes says the company will continue importing hot rolled coil (HRC) as it was cheaper and viable than the domestic HRC on the back of weakening Russian rubel and Chinese yuan.

    • See FY16 topline at 20-25%, bottomline at 25%: Good Luck

      Good Luck Steel Tube posted healthy Q4 earnings and the company expects to perform better with new capacity, better product mix and new product launches going forward.

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