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Goodluck India Clocks Gains in Fiscal Q4 Consolidated Profit; Shares Plummet 6%

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Goodluck India (NSE:GOODLUCK, BOM:530655) recorded an increase in its consolidated attributable net profit to 545.5 million Indian rupees in the fiscal fourth quarter ended March 31, from 419.4 million rupees a year ago.

Earnings per share climbed to 18.20 rupees from 13.21 rupees a year earlier, according to a Tuesday filing with the Indian bourses.

Total income from operations in fiscal Q4 slipped year on year to 10.9 billion rupees from 11.0 billion rupees, the filing said.

The company recommended a final dividend of 3 rupees per share for the fiscal year ended March 31.

Shares of the company fell over 6% in recent trade.

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