Gokuldas registers 65% growth in Q3, FY25 net profit
10 February 2025, Mumbai
Gokaldas Exports registered a 65 per cent growth in net profit, reaching Rs 50 crore ($5.7 million) during Q3, FY25 ending December 2024. This was achieved as against a net profit of Rs 30 crore in the same period last year.
The apparel manufacturer's revenue has grown by 79 per cent, climbing to Rs 988 crore during the quarter from Rs 552 crore in the corresponding quarter of the previous fiscal year.
In 3QFY25 Gokaldas Exports also crossed the Rs 1,000 crore total income milestone for the first time in the quarter, says Sivaramakrishnan Ganapathi, Managing Director, Gokaldas Exports.
The company’s EBITDA margins showed sequential improvement, signaling a strong performance. It anticipates business volume will rise in its acquired entities in the coming quarters with performance remaining stable.
Founded in 1985, Gokaldas Exports is India's largest apparel manufacturer and exporter, operating over 23 garment production facilities across the country. They specialize in manufacturing and exporting a wide range of apparel.
