Wednesday, Mar 19 2025 | Time 14:47 Hrs(IST)
Business Economy


Gokaldas Exports net up 65 pc at Rs 50 crore in Q3

Gokaldas Exports net up 65 pc at Rs 50 crore in Q3

New Delhi, Feb 8 (UNI) Gokaldas Exports on Saturday reported 65 percent jump in Profit After Tax (PAT) year-on-year at Rs 50 crore during the third quarter (October-December) of 2024-25, versus Rs 30 crore in the same quarter of last financial year.

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.

Total income from operations grew 79 percent during the reporting quarter at Rs 1,001 crore as against Rs 560 crore in the corresponding quarter of previous financial year, the company said in a regulatory filing with the stock exchanges.

Commenting on the company’s third quarter, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “In 3QFY25 Gokaldas Exports has reported significant jumps in our reported total income, PAT and EBITDA. We have crossed the Rs 1000 crore total income milestone for the first time in the quarter. EBITDA margins improved sequentially, indicating a healthy performance.”

We expect business volume to pick up in both the acquired entities in upcoming quarters with sustained stable performance of the company going forward, he added.

UNI SKB CS1717

More News
Workshop deliberates on developing a comprehensive Roadmap for Bhubaneswar towards Net Zero

Workshop deliberates on developing a comprehensive Roadmap for Bhubaneswar towards Net Zero

19 Mar 2025 | 1:48 PM

Bhubaneswar, Mar 19 (UNI) A high-level workshop organized by the UK government in collaboration with the Odisha government and GRIDCO on Wednesday, focused on developing a comprehensive roadmap for Bhubaneswar’s journey towards Net Zero.

see more..

ixigo and Amadeus sign enhanced travel distribution partnership

19 Mar 2025 | 1:20 PM

Kolkata, Mar 19 (UNI) ixigo has partnered with Amadeus, a global leader in travel technology, to enhance its airline content offering.

see more..

Etihad Airways unveils transformative UAE National Talent Development Strategy

19 Mar 2025 | 12:25 PM

Kolkata, Mar 19 (UNI) Etihad Airways has unveiled a transformative UAE National Talent Development Strategy, a groundbreaking long-term vision aimed at empowering Emirati professionals, cultivating homegrown expertise, and positioning the airline as the employer of choice for UAE Nationals.

see more..
Sensex rises over 100 pts

Sensex rises over 100 pts

19 Mar 2025 | 11:19 AM

Mumbai, Mar 19 (UNI) The BSE Sensex remained strong on the third straight session on Wednesday, advancing 172 pts to open at 75,473.17 on the strength of power, realty and telecommunications stocks.

see more..

Luminous, IPL franchise Rajasthan Royals continue their partnership for 18th session

18 Mar 2025 | 8:53 PM

New Delhi, Mar 18 (UNI) Luminous Power Technologies on Tuesday said it has continued its power partnership with IPL franchise Rajasthan Royals to be their title partner for the 18th season of the upcoming India’s T-20 premier league.

see more..