| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 196.12 | 0.6% | 4.3% |
| Total Income | 204.51 | 2.3% | 3.3% |
| Expenditure | 194.10 | 2.2% | 4.3% |
| PBT | 10.40 | 4.6% | 59.1% |
| Net Profit | 7.95 | 10.9% | 60.0% |
| OPM | 25.32% | 1.41pp | 5.16pp |
| NPM | 3.89% | 0.31pp | 5.52pp |
| EPS | 1.48 | 11.3% | 59.8% |
Go Fashion Q4 PAT down 60% to 7.9 Cr; FY26 PAT down 37%
30 Apr 2026 · 30 Apr, 3:09 pm
Summary
Go Fashion (India) Limited announced its audited financial results for Q4 and the full fiscal year ended March 31, 2026, revealing a challenging period with declines in key financial metrics. For Q4 FY26, total revenue decreased by 4% year-on-year to ₹196.1 crore, while Profit After Tax (PAT) plummeted by 60% to ₹7.9 crore. The full fiscal year FY26 also saw a 1% decline in total revenue to ₹838.0 crore and a 37% fall in PAT to ₹59.2 crore, with EBITDA margins contracting to 28.3% from 31.6% in FY25. Despite the financial downturn, the company executed strategic store expansion, adding 26 net EBOs and increasing retail area by 11% as part of a shift towards larger formats. Looking ahead, CEO Mr. Gautam Saraogi outlined plans to achieve positive Same Store Sales Growth (SSSG) in FY27, refresh product ranges, enhance customer experience through larger stores, and explore new concepts and international opportunities.
Key Highlights
- 1
Go Fashion (India) Limited reported a 4% year-on-year decline in Total Revenue for Q4 FY26, reaching ₹196.1 crore.
- 2
Profit After Tax (PAT) for Q4 FY26 saw a significant 60% decrease, settling at ₹7.9 crore.
- 3
For the full fiscal year FY26, the company's Total Revenue was ₹838.0 crore, marking a 1% decline from the previous year.
- 4
FY26 Profit After Tax (PAT) fell by 37% year-on-year to ₹59.2 crore, alongside a contraction in EBITDA margin to 28.3% from 31.6% in FY25.
- 5
The company expanded its Exclusive Brand Outlets (EBOs) network by adding 26 net stores during FY26, bringing the total to 802 stores as of March 31, 2026.
- 6
Retail area increased by 43,283 sq. ft. (an 11% growth) in FY26, reflecting a strategic shift towards larger EBO stores.
- 7
Same Store Sales Growth (SSSG) for EBOs registered a decline of 3.4% for FY26, which the management aims to turn positive in FY27.
Management Comments
Gautam Saraogi
The bottom wear industry has undergone a transformation and Go Colors has consistently evolved alongside these changes. Our portfolio mix has changed over the years to a ~70% Value Added Bottoms Portfolio (Non- Leggings Portfolio). We continue to strengthen and diversify our product portfolio to stay aligned with emerging market trends and consumer preferences. On the store network, we have added 43,283 sq. ft. over last year, a growth of 11%, primarily driven by our shift to larger EBO stores. In line of our new strategy, we are focusing on increasing the customer experience through larger EBO stores of 700+ sq. ft. stores. This will allow us to keep our full inventory on display and deliver a meaningfully better in-store experience. We have reviewed our portfolio of stores, and we shall be closing some of our smaller stores in overlapping catchments. Over the next five years, we aim to significantly expand our footprint, with the potential to nearly double our scale in terms of sq. ft. The new business strategy will lead to revenue maximization and cost optimization. To drive improved store performance, we have undertaken focused initiatives centered on product freshness and customer engagement. We are accelerating the launch of new designs and expanding our product range to cater to a wider consumer base. In January 2026, we collaborated with a leading influencer to launch a new collection aimed at enhancing brand visibility and relevance among younger consumers, and by June 2026, we will have a brand ambassador in place — we believe these initiatives will generate stronger customer traction and improved store-level performance over the coming quarters. We are also encouraged by the early unit economics of our international foray and the Daily Every Day Wear concept, and we remain excited about their potential as they scale over the coming quarters. Looking ahead to FY27, our priorities are clearly defined. Firstly, we are committed to turning SSSG positive and end FY27 with a positive full-year SSSG. Secondly, we want to successfully migrate to larger EBO stores, refresh our product range with new additions and improve the look and feel of our stores to deliver a more premium experience. We also plan to expand our Daily Wear concept to 25-30 stores by end of FY27. On the LFS front, we are working closely with our partners to stabilize and grow this channel in FY27. Through all of this, we remai
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