GOCL Corporation Limited, a Hinduja Group company, reported an impressive 200% increase in net profit for Q1 FY25, reaching ₹36 crore compared to ₹12 crore in the same quarter last year. This financial performance comes amid challenging conditions, including rising raw material costs and inflationary pressures, which have impacted per-unit revenue. Nevertheless, GOCL Corporation’s consolidated […]
GOCL Corporation Limited, the Hyderabad-based chemicals business of the Hinduja Group, said that it has won an order worth INR 415 crores from the Singareni Collieries Company. As per the contract, GOCL will be responsible for the supply of explosives and accessories to the Telangana-government owned coal mining company. The bulk explosives, LD explosives and […]
Gulf Oil Corporation (GOCL) said that its fully-owned subsidiary — IDL Explosives Limited (IDLEL) has secured an order from Coal India Limited worth INR 592.45 crores. As per the order, IDL Explosives will be responsible for supplying bulk explosives over a period of two years from October 2021 to October 2023. GOCL is the chemicals […]