Gokaldas Exports demonstrated strong financial performance in Q3FY25, achieving a 79% year-over-year (YoY) growth in total income and a 65% rise in profit. For the quarter ending December 31, 2024, the company reported a consolidated total income of ₹1001 crore, a significant increase from ₹560 crore in the same quarter of the previous year. Consolidated profit after tax (PAT) reached ₹50 crore, up from ₹30 crore in Q3FY24.
Key Financial Highlights (₹ Crore):
| Parameters | Q3FY25 | Q2FY25 | Q3FY24 | YoY Change | QoQ Change | 9MFY25 | 9MFY24 | YoY Change |
|---|---|---|---|---|---|---|---|---|
| Total Income | 1001 | 942 | 560 | +79% | +6% | 2,882 | 1,591 | +81% |
| EBITDA | 117 | 82 | 71 | +66% | +42% | 282 | 194 | +45% |
| EBITDA Margin | 11.7% | 8.7% | 12.6% | -91 bps | +294 bps | 9.8% | 12.2% | -242 bps |
| PBT | 67 | 36 | 44 | +55% | +89% | 139 | 116 | +20% |
| PAT | 50 | 28 | 30 | +65% | +79% | 106 | 87 | +22% |
Financial Performance (Excluding Acquired Entities) (₹ Crore):
| Parameters | Q3FY25 | Q2FY25 | Q3FY24 | YoY Change | QoQ Change | 9MFY25 | 9MFY24 | YoY Change |
|---|---|---|---|---|---|---|---|---|
| Total Income | 664 | 652 | 560 | +19% | +2% | 1,896 | 1,591 | +19% |
| EBITDA | 79 | 72 | 71 | +12% | +10% | 207 | 194 | +6% |
| EBITDA Margin | 11.9% | 11.0% | 12.6% | -65 bps | +90 bps | 10.9% | 12.2% | -130 bps |
Leadership Insights
Commenting on the company’s performance, Mr. Sivaramakrishnan Ganapathi, Vice Chairman & Managing Director of Gokaldas Exports, stated:
“Q3FY25 marks a significant achievement for Gokaldas Exports as we surpassed ₹1000 crore in total income for the first time. Our PAT and EBITDA have shown strong growth, with improved margins sequentially, highlighting a solid performance. Moving forward, we anticipate increased business volume from our acquired entities, ensuring sustained and stable growth for the company.”
About Gokaldas Exports
Founded in 1979, Gokaldas Exports has grown into one of India’s largest apparel manufacturers and exporters, serving top global brands across 50+ countries. Following the acquisition of Atraco and Matrix, the company now operates 30+ production units, with an annual production capacity of approximately 87 million garments. With a workforce of over 54,000 employees, Gokaldas Exports remains committed to innovation, sustainability, and global excellence in apparel manufacturing.
