Gokaldas Exports FY22 Q1 income reaches Rs 242.98 crore

2nd August 2021, Mumbai:

Gokaldas Exports’ total income was Rs 242.98 crore during the period ended June 30, 2021, as compared to Rs 372.67 crore during the period ended March 31, 2021.

Net profit / loss wasRs 2.55 crores as against net profit / loss of Rs 16.03 crores. EPS was Rs.0.59 as compared to Rs 3.55. Total income was Rs 242.98 crores during the period ended June 30, 2021, as compared to Rs 237.29 crores during the period ended June 30, 2020. Net profit / loss wasRs 2.55 crores as against net profit / loss of Rs 4.25 crores. EPS was Rs 0.59 as compared to Rs 0.99.

The company's manufacturing units were completely shut to severely restricted between April 29, 2021 and July 4, 2021. Operations remained shut for most of May 2021 and worked at 30 per cent capacity in June 2021. The company resumed full operations from July 5, 2021.

The company successfully managed to realign its deliveries consequent to the disruption and is in the process of catching up on its first quarter production loss. With a strong order book and units running at full capacity, the company expects to quickly bounce back from the effect of the lockdown in the first quarter.

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