Key Takeaways
- Gokaldas Exports reports 65% jump in Profit After Tax at Rs 50 crore in Q3.
- Gokaldas Exports crosses the Rs 1000 crore total income milestone for the first time in Q3.
- Gokaldas Exports expects business volume to pick up in both acquired entities in upcoming quarters with sustained stable performance going forward.
New Delhi: Gokaldas Exports on Saturday reported 65 percent jump in Profit After Tax (PAT) year-on-year at Rs 50 crore during the third quarter (October-December) of 2024-25, versus Rs 30 crore in the same quarter of last financial year.
Gokaldas Exports has evolved into a one-stop solution for some of the world’s most recognized apparel brands. Gokaldas Exports is one of India’s largest manufacturers and exporters of apparel, exporting to more than 50 countries.
Total income from operations grew 79 percent during the reporting quarter at Rs 1,001 crore as against Rs 560 crore in the corresponding quarter of previous financial year, the company said in a regulatory filing with the stock exchanges.
Commenting on the company’s third quarter, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “In 3QFY25 Gokaldas Exports has reported significant jumps in our reported total income, PAT and EBITDA. We have crossed the Rs 1000 crore total income milestone for the first time in the quarter. EBITDA margins improved sequentially, indicating a healthy performance.”
We expect business volume to pick up in both the acquired entities in upcoming quarters with sustained stable performance of the company going forward, he added.
