StockWatch
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Garments & Apparels
Quarterly Result11 Aug 2026, 10:10 pm

Gokaldas Exports Q1FY27 Income Up 21% YoY to ₹1,180 Cr

AI Summary

Gokaldas Exports reported a consolidated total income of ₹1,180 crores for Q1FY27, marking a 21% year-on-year increase. The India business saw a 16% YoY growth, while the Africa business surged by 45% YoY, attributed to higher volumes post-AGOA renewal. EBITDA grew 17% YoY to ₹139 crores, with margins remaining steady at 11.8%. The company benefited from improved order execution and a competitive global standing after exiting penal tariffs. Management anticipates continued growth and margin improvement driven by productivity gains and a strong order book.

Key Highlights

  • Consolidated total income rose 21% YoY to ₹1,180 crores in Q1FY27.
  • EBITDA increased 17% YoY to ₹139 crores; margins were 11.8%.
  • India business grew 16% YoY, Africa business up 45% YoY.
  • Company exited penal tariffs, now competes on a level playing field.
  • Strong order book and productivity gains expected to drive future growth.