In the third quarter of FY25, Gokaldas Exports had a strong 79% increase in overall revenue and a 65% YoY increase in profits. The company’s consolidated total income for the quarter ending December 31, 2024, was ₹1001 Crore, up from ₹560 Crore in the same quarter the year before, and its consolidated profit after tax was ₹50 Crore, up from ₹30 Crore in the 3QFY24 period.
Key Highlights:
Mr. Sivaramakrishnan Ganapathi, Gokaldas Exports’ vice chairman and managing director, commented on the company’s third quarter, saying, “Gokaldas Exports reported considerable leaps in our reported total income, PAT, and EBITDA in 3QFY25. For the first time this quarter, we have surpassed the Rs 1000 crore overall income milestone. A robust performance was indicated by the sequential improvement in EBITDA margins. In the next quarters, we anticipate that business volume will increase in both of the acquired firms, and the company will continue to perform well.
About Gokaldas Exports:
Established in 1979, 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. Following the acquisition of Atraco and Matrix, Gokaldas Exports currently has over 30+ production units that can produce about 87 million garments annually. 54,000+ employees of Gokaldas Exports work together to ensure that the company’s vision of being a globally reputed apparel manufacturer and exporter comes true, with an emphasis on innovation and sustainability.
