Gokaldas Exports reported resilient financial performance for the quarter and year ended March 31, 2026. Despite facing headwinds from US tariffs, the company achieved a total income of Rs. 4,065 crore for the fiscal year, representing a 4% year-on-year growth. The company maintained an EBITDA margin of 10.7% for FY26, supported by productivity gains and effective cost management strategies throughout the year.
Quarterly Performance Highlights
For the fourth quarter ended March 31, 2026, Gokaldas Exports recorded a total income of Rs. 1,087 crore, reflecting a 5% year-on-year increase. Notably, the company’s India-based business grew by 2% compared to the same quarter last year, outperforming the broader industry trend. Additionally, the Africa segment delivered a strong performance with 17% year-on-year growth, bolstered by the renewal of the AGOA agreement.
Annual Financial Summary
On an annual basis, the company reported a total income of Rs. 4,065 crore for FY26, up 4% from the previous year. While US tariff challenges impacted profitability, the company managed to maintain an annual EBITDA of Rs. 434 crore with a margin of 10.7%. Profit Before Tax (PBT) for the year stood at Rs. 172 crore, while Profit After Tax (PAT) reached Rs. 100 crore.
Leadership Commentary
Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director, noted that despite volatile geopolitical conditions and penal US tariffs, the company maintained its margin stability. He emphasized that the firm’s focus on strong customer relationships and operational excellence allowed for a superior performance. Moving forward, the company remains optimistic about leveraging macroeconomic trends to favor apparel sourcing from India and other low-cost regions to strengthen its global market position.
Source: BSE
