6 months ago
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Gokaldas Exports, Bengaluru-based apparel decorator and exporter, connected Wednesday (November 12, 2025) reported a 71% autumn successful consolidated Q2 nett net astatine ₹8 crore arsenic against ₹28 crore successful in the corresponding play a twelvemonth ago..
The institution said it shared “a sizeable information of the U.S. tariff burden’’ with its cardinal customers, however, prudent outgo power and productivity gains offset immoderate of these impacts, it added.
In Q2, the institution registered a full income of ₹1,003 crore, a maturation of 7% connected a YoY basis. It’s operations registered a beardown maturation of 14% YoY against the backdrop of 2% degrowth successful Indian apparel exports, portion the Africa operations declined by 23% YoY, chiefly owed to little volumes resulting from delayed bid placements amid uncertainty surrounding AGOA (African Growth and Opportunity Act, a U.S. instrumentality that provides eligible sub-Saharan African countries with preferential entree to the U.S. marketplace for their exports) rollover.
Sivaramakrishnan Ganapathi, vice president and managing manager of Gokaldas Exports successful his quarterly show commenatry said, “Our show successful Q2 was modest, impacted by debased measurement successful our Africa concern owed to the AGOA rollover uncertainty, portion India operations remained robust.’’
The EBITDA margins remained level owed to operating deleverage astatine the company’s Africa business, U.S. tariff impact, and startup costs owing to the caller business/units.
“Despite the tariff overhang, the institution sees a beardown bid publication buildup successful the quarters up for some India and its Africa business, based connected a imaginable reinstatement of AGOA,’’ Mr. Ganapathi added.
