Bengaluru-headquartered apparel exports major Gokaldas Exports has posted a 53 per cent year-on-year (YoY) increase in consolidated net profit for the June quarter (Q1FY26) at ₹41 crore, over Rs 27 crore recorded in Q1FY25.
Total income for the quarter registered a much smaller growth of 4 per cent at ₹977 crore, over Rs 940 crore in the year-ago period.
Vice-chairman and managing director of Gokaldas Exports, Sivaramakrishnan Ganapathi credited robust cost management and productivity gains for the increase in net profits.
The apparel exporter’s EBITDA margin expanded 336 basis points YoY to 12.1 per cent in Q1FY26, compared with 8.8 per cent in the same quarter last year. EBITDA rose 44 per cent YoY to ₹119 crore in Q1FY26, from Rs 83 crore in Q1FY25, while profit before tax grew 57 per cent to ₹57 crore during the same period.
Ganapathi said, “We reported a healthy growth in PAT and an improvement in EBITDA margins on a Y-o-Y basis, supported by productivity gains and robust cost management efforts. The company reported a moderate growth in its total income, as it was a period impacted by tariff. Total income, excluding both acquired entities, reported a 20 per cent YoY growth.”
Gokaldas Exports is one of India’s largest manufacturers and exporters of apparel, exporting to more than 50 countries. After its acquisition of Atraco, and Matrix, the company has over more than 30 production and employs more than 53,000 people.
