Gokaldas Exports reported a steady total income of ₹998 crores in Q3FY26, despite the first full quarter impact of US tariffs. The India operation maintained growth momentum at 8% YoY. Africa’s business was impacted but improved sequentially, with a stronger order book anticipated. The company’s EBIDTA was ₹96 crores with margins at 9.7%, affected by tariff rebates.
Q3FY26 Financial Performance
Gokaldas Exports announced its consolidated financial results for Q3FY26, with total income holding steady despite challenges. Key highlights include:
- Total Income: ₹998 crores (flat YoY)
- EBITDA: ₹96 crores (-18% YoY)
- EBITDA Margin: 9.7%
- PBT: ₹26 crores (-61% YoY)
- PAT: ₹15 crores (-71% YoY)
Operational Highlights
The company highlighted the following operational aspects:
- India operations maintained growth momentum of 8% YoY.
- Africa business improved sequentially.
- US tariff rebates impacted profitability.
Management Commentary
Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director, commented on the company’s performance, stating that the India operation delivered growth despite the US tariff impact. He also mentioned expectations for a stronger order book for Africa and diligent cost management measures.
Year-to-Date Performance (9MFY26)
The cumulative financial performance for the nine months ending December 31, 2025, is as follows:
- Total Income: ₹2978 crores (+3% YoY)
- EBITDA: ₹299 crores (+6% YoY)
- EBITDA Margin: 10.0%
- PBT: ₹102 crores (-27% YoY)
- PAT: ₹64 crores (-39% YoY)
Source: BSE
