Arttimez : Gokaldas Exports has registered a topline growth of 85 per cent year-over-year (YoY) and 19 per cent YoY growth in profits in the second quarter (Q2) fiscal 2025 (FY25) ended September 30, 2024. The company reported a consolidated total income of ₹941.8 crore compared to ₹509.0 crore in the same quarter last year and a consolidated profit after tax of ₹28.2 crore compared to ₹23.7 crore in the previous fiscal.
Commenting on the company’s second quarter, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “We reported healthy growth in total income both in the quarter and half year indicating a sustained growth momentum. The majority of the growth during the quarter was contributed by Gokaldas Exports excluding Atraco & Matrix, as it is a seasonally lean period for both the acquired entities. On consolidated profitability front, muted volumes in the acquired entities, coupled with air freight cost in Gokaldas Exports and employee cost build up in anticipation of future volumes growth impacted the profitability in the quarter. We expect better volume pick up in both the acquired entities in upcoming quarters with sustained stable performance of the company going forward.”
