MEDIA ROOM

Corporate Communications manages media relations, internal/external communications, crisis communications, and legal/ethical complaince.

2023

  • The production of Special Purpose Motors (SPMs) and Igniter Grains (IGs).
  • The S200(M) Igniters played a critical role in the Chandrayaan-3 mission.
  • These components are vital to the success and reliability of spacecraft propulsion systems.
  • “With Quality, Cost, And Innovation, India Can Lead The Global Detonators Industry” — Pankaj Kumar, MD & CEO, GOCL Corp. Ltd
  • India is poised to achieve a significant milestone by 2023 as it becomes one of the first countries to eradicate the use of electric detonators to trigger the main explosive. Over 60 years old, GOCL Corporation Limited has been an active player in the Indian mining explosives market. Recently, the company has focused on diversifying its already heterogeneous product portfolio, including energetics and explosives, special projects, and realty. It has also entered the EMS and electronics market. In an email interaction, Pankaj Kumar, MD & CEO of GOCL Corp. Ltd, discussed the progressive trends of electronic detonators in India and the world.
  • The company announces Q1 audited Financial Results
  • Company’s revenue stood at INR 259 Crores
  • Continues on its digitisation journey, upgrading systems and processes.
  • Board Meeting lntimation – Consideration of un-audited financial results of the Company for the quarter ended 30th June,2023.
  • The Consolidated revenue for Q4 FY 23 increased by 85% to Rs 302 crores, as compared to Rs 163 crores during Q4 of the previous year.
  • The Board has recommended a dividend of Rs 5 per share (250%) for the financial year 2022-23.
  • The company reported a 20 % growth in profit to Rs 211 crores as against Rs 176 crores the last year.
  • Mr. Amar Chintopanth & Mr. Gopal Raman
  • The Board of Directors of the Company at its meeting held on March 27, 2023, on the recommendation of the Nomination and Remuneration Committee, has considered and approved the appointment of – (1) Mr. Amar Chintopanth (DIN: 00048789) as a Non-Executive – Independent Director for a period of 5 years with effect from March 27, 2023; and (2) Mr. Gopal Raman (DIN: 03286754) as an Additional Director (Non-Executive – NonIndependent Director) with effect from March 27, 2023.
  • GOCL reports an exceptional performance with a growth of 119% increase in income in Q3FY23, with Consolidated Income at Rs. 302 crores, against Rs. 138 crores in Q3FY22
  • GOCL registers 18% increase in Standalone income in Q3FY23, at Rs. 60 crores, against Rs.51 crores in Q3FY22

2022

  • Month-long observance of National Safety Day sees numerous events organised by GOCL on the theme of Safety
  • Senior officials from PESO, Hyderabad grace the finale, reiterate importance of observing safe practices
  • GOCL reports a remarkable growth of 118% increase in income in Q2FY23, with Consolidated Income at Rs. 319 crores, against Rs. 146 crores in Q2FY22
  • GOCL registers 162% increase of Standalone income in Q2FY23, at Rs. 136 crores, against Rs.52 crores in Q2FY22
  • GOCL reports a stellar performance with a growth of 177% increase in income in Q1FY23, with Consolidated Income at Rs. 487 crores, against Rs. 176 crores in Q1FY22
  • GOCL registers 580% increase of Standalone income in Q1FY23, at Rs. 272 crores, against Rs.40 crores in Q1FY22
  • Board Meeting lntimation – Consideration of un-audited financial results of the Company for the quarter ended 30th June,2022.
  • Investors presentation at 61st AGM in July 2022
  • GOCL trains TS Intelligence personnel on explosives detection and disposal
  • GOCL to expand electronics vertical; to invest ₹100 cr
  • GOCL Corporation Limited, a Hinduja Group Company, plans to step up focus on electronics vertical in view of increasing demand. “We are aiming to increase our revenue from electronics vertical from ₹20 crore in FY22 to ₹100 crore in next two years,’‘ Pankaj Kumar, Chief Executive Officer, GOCL, told newspersons here on Tuesday.
  • Extract of statement of audited consolidated financial results for the quarter and year ended March 31, 2022.
  • GOCL reports 12% increase in income in FY22, with Consolidated Income of Rs. 623 crores, against Rs. 557 crores in FY21.
  • GOCL Consolidated Income for Q4 FY22 – Rs. 163 crores, an increase of 9% over Q4 FY21.
  • GOCL declares a Final Dividend of Rs.3 per share (150%) for FY 2021-22 making the total dividend for FY 21-22 to 250 %.
  • Transfer of Equity Shares having Unclaimed Dividend to Investor Education and Protection Fund Authority
  • Telangana Govt Confers GOCL the ‘Best Management Award – 2022’
  • Board Meeting Intimation – consideration of Audited Financial Results of the company for Q4 and year ended 3lst March, 2022 and final dividend, if any – Closure of Trading Window.
  • GOCL Safety Month Valedictory function
  • GOCL reports 13% year-on-year increase in income within first 9 months of FY22, with Consolidated Income of Rs. 459 crores against Rs. 407 crores during same period of previous year.
  • GOCL Consolidated Income for Q3 2021-22 – Rs. 138 crores, an increase of 4% over a similar period last year.
  • Board Meeting Intimation – consideration of un-audited financial results of the company for the third quarter ended 31st December, 2O2l and closure of trading windonw.

2021

  • Golden Peacock Occupational Health & Safety Award 2021 The Hyderabad factory was awarded the prestigious “Golden Peacock Occupational Health & Safety Award 2021” from the Institute of Directors, International Golden Peacock Organization on 8th December 2021 on the eve of the 22nd World Congress on Environment Management & Climate Change 2021 under Explosives Engineering Sector. GOCL Team has achieved this award for appreciable Occupational Health & Safety achievement by attaining 2.9 Million accident-free man hours.
  • GOCL Consolidated Income for Q2 2021-22 – Rs. 146 crores, an increase of 10% over similar period last year.
  • Extract of statement of audited consolidated financial results for the quarter and year ended March 31, 2021.
  • GOCL Consolidated Income for 2020-21 at Rs. 557 crores.
  • Consolidated Net Profit increases by 59% to Rs. 78.70 crores.
  • GOCL Standalone Profit for Q3 F21 at Rs. 33 crores, an increase of 56X.

2020

  • GOCL Standalone Profit for Q2 F 21 at Rs. 4.68 crores, an increase of 9.4 X.
  • Declares 200% Special Interim Dividend
  • GOCL Consolidated Income for 2019-20 at Rs. 559 crores.
  • Consolidated Net Profit increases by 22%.

Press Advt.

  • Extract of statement of audited consolidated financial results for the quarter and year ended March 31, 2022.
  • Transfer of Equity Shares having Unclaimed Dividend to Investor Education and Protection Fund Authority
  • Extract of statement of audited consolidated financial results for the quarter and year ended March 31, 2021.

Contact

Media / Communication Contact

All media / press realted quesries may please be directed to the email below.

susmithachakkungal@goclcorp.com