Gokaldas Exports announced its un-audited financial results for the quarter ended June 30, 2026. The company reported a 21% year-over-year growth in total income, reaching ₹1,180 crore. EBITDA also saw a healthy increase of 17% YoY, amounting to ₹139 crore. The company highlighted improved order execution in India and higher volumes from Africa as key drivers for this growth.
Gokaldas Exports Reports Strong Q1 FY27 Results
Gokaldas Exports has released its un-audited financial results for the first quarter of Fiscal Year 2027 (Q1FY27), ending June 30, 2026. The company has achieved a consolidated total income of ₹1,180 crore, marking a significant 21% year-over-year increase. This robust performance was driven by improved order execution within its Indian operations and a notable surge in volumes from its African business, which grew by 45% YoY.
Key Financial Highlights
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹139 crore, reflecting a 17% YoY growth. While EBITDA margins remained steady at 11.8%, the slight decrease from the previous year’s quarter was attributed to increased wages and other operating costs, which offset gains from operating leverage and productivity improvements.
Profit Before Tax (PBT) was reported at ₹63 crore, and Profit After Tax (PAT) stood at ₹44 crore, showing a 7% YoY increase. The company has benefited from emerging from penal tariffs, allowing it to compete on a more level playing field globally.
Management Commentary
Commenting on the results, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, stated, “Better order execution in India and higher volume in Africa led to a strong income growth in the quarter. The Company has come out of penal tariff and now enjoys parity with global peers, which allows it to compete on a level playing field for business. Focus on productivity gains and a strong order book should help growth and margins going forward.”
About Gokaldas Exports
Established in 1979, Gokaldas Exports is a leading Indian apparel manufacturer and exporter. With over 30 production units, the company produces approximately 92 million garments annually and exports to more than 50 countries. Gokaldas Exports employs over 54,000 people and emphasizes innovation and sustainability in its operations.
Source: BSE
