Goyal Aluminiums posts a 75% surge in net sales for September quarter

Goyal Aluminiums Limited, a leading manufacturer of aluminium coil, aluminium sheets, aluminium sections and other aluminium parts, has announced its second quarter results ended September 30, 2024, revealing a 75 per cent surge in net sales. From INR 12.39 crore (US$1.47 million) in Q2 FY2023-24, the company’s net sales increased to INR 21.68 crore (US$2.57) in Q2 FY2024-25.

Image Source: Goyal Aluminiums

On a quarter-on-quarter basis, Goyal Aluminiums’ net sales grew by 12.8 per cent from INR 19.22 crore (US$2.28 million).

Quarterly net profit grew by 6.31 per cent Y-o-Y from INR 0.48 crore (US$56,879) to INR 0.51 crore (US$60,436). Over three-month period, net profit in Q2 stood 2 per cent higher than INR 0.50 crore (US$59,254).

EBITDA stood at INR 0.80 crore (US$94,805) in the September quarter of FY2025, up by 1.27 per cent from INR 0.79 crore (US$93,620) a year ago.

The company’s equity share capital remained the same quarter-on-quarter at INR 14.27.