StockWatch
·

Go Fashion (India) Ltd

BSE: 543401

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
231.24
+13.1%+1.4%
Expenditure
209.21
+7.8%+5.5%
Net Profit
16.49
+107.5%-25.9%
OPM %
27.35%
+2.03pp-3.49pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0064.81129.62194.43259.24Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Turnaround Stalled: Strategy Sounds, Execution Falters

SSSG positive · store transformation · fabric inflation

Result verdictFollow-upQ1 FY2717 Aug 20266 minConsumer & Retail

Modest turnaround signals, but flat revenue and 26% PAT decline weaken conviction

SSSG positive · store consolidation · fabric inflation

TranscriptDeep diveQ1 FY2717 Aug 20266 minConsumer & Retail

Go Fashion Q1: sales flat YoY, PAT down 26% to ₹16.5 Cr on ₹6.5 Cr store write-off

womens apparel retail · same-store sales · margin compression

ResultsQ1 FY2730 Jul 20263 minConsumer & Retail
Latest
Board Meeting30 Jul, 1:36 pm

Go Fashion Q1: sales flat YoY, PAT down 26% to ₹16.5 Cr on ₹6.5 Cr store write-off

Go Fashion's Q1 FY27 (standalone, unaudited) was a soft, on-plan quarter: revenue from operations was ₹222.84 Cr, essentially flat versus ₹222.83 Cr a year ago, confirming that same-store sales growth has not yet turned — management had already guided SSSG to go positive only by end-FY27. The 13.6% sequential jump from Q4's ₹196.12 Cr is a seasonal artifact (Apr–Jun is a stronger retail window), not underlying momentum. Reported PAT fell 25.9% YoY to ₹16.49 Cr from ₹22.26 Cr, and EPS slipped to ₹3.14 from ₹4.12. The headline decline overstates the operating picture: 'Other expenses' carries a ₹6.46 Cr write-off of property, plant and equipment tied to management's decision to consolidate stores. Adjusting for that one-off (net of tax), PAT is roughly ₹21.3 Cr, only about 4% below last year — so the real story is stagnation, not collapse. Margins compressed on the reported line — net margin fell to 7.40% from 9.76% YoY — but stripping out the write-off, operating margin holds near 30% against 30.84% a year ago, consistent with management's framing on the Q4 concall that gross margin stays in the 62.5–63.5% band and EBITDA-margin recovery only begins from Q2 FY27. On that yardstick this print is on-track rather than a miss: the soft H1 was telegraphed. There are no published street estimates for the quarter (results and concall are same-day, July 30). The concurrent board actions — FY26 annual report, AGM notice for Sept 8, and the pending promoter reclassification — are governance items and unrelated to the operating result. Bottom line: flat topline plus a self-inflicted store-consolidation charge, with the margin-recovery test deferred to Q2.

30 Jul 2026, 01:36 pm

Corporate Events

Board MeetingGOCOLORS
2026
8Sep

Board Meeting

The 16th Annual General Meeting of the Company will be held …

BSE Filing
Board MeetingGOCOLORS
2026
30Jul

Board Meeting

The meeting of the Board of Directors of the Company is sche…

BSE Filing
Board MeetingGOCOLORS
2026
29Jan

Board Meeting

Update on board meeting & Disclosure Requirements) Regulatio…

BSE Filing
Board MeetingGOCOLORS
2024
25Oct

Board Meeting

Consider and approve the Unaudited Financial Results

BSE Filing
Board MeetingGOCOLORS
2024
3May

Board Meeting

Consider and approve Annual Audited Financial Results

BSE Filing
Board MeetingGOCOLORS
2024
6Feb

Board Meeting

Consider and approve Unaudited Financial results for the Qua…

BSE Filing
Board MeetingGOCOLORS
2023
31Oct

Board Meeting

Consideration and approval of Unaudited Financial results fo…

BSE Filing