Gokaldas Exports Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Gokaldas Exports Ltd reported a 6.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 78.8%.
- Its expenses for the quarter were up by 3.0% QoQ and 80.8% YoY.
- The net profit increased 78.8% QoQ and increased 65.5% YoY.
- The earnings per share (EPS) of Gokaldas Exports Ltd stood at 6.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1000.78 | 941.82 | 559.78 | 6.3% | 78.8% |
Total Expenses | 933.46 | 906.21 | 516.23 | 3.0% | 80.8% |
Profit Before Tax | 67.32 | 35.60 | 43.55 | 89.1% | 54.6% |
Tax | 16.98 | 7.44 | 13.12 | 128.2% | 29.4% |
Profit After Tax | 50.34 | 28.16 | 30.42 | 78.8% | 65.5% |
Earnings Per Share | 6.80 | 3.80 | 4.80 | 78.9% | 41.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gokaldas Exports Ltd is a prominent player in the textile and apparel manufacturing industry. The company primarily focuses on the production and export of garments, serving a diverse clientele worldwide. Known for its extensive production capacity and comprehensive product range, Gokaldas Exports specializes in manufacturing a variety of apparel, including knitwear, woven garments, and outerwear. The company operates within the highly competitive apparel export industry and has established a strong presence in key international markets. As of the latest updates, there are no specific major developments available for Gokaldas Exports Ltd beyond its ongoing business operations and market activities.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Gokaldas Exports Ltd reported a total income of ₹1000.78 crores. This figure marks a significant increase of 6.3% compared to the previous quarter (Q2FY25), where total income was ₹941.82 crores. The year-over-year (YoY) growth is even more notable, with an increase of 78.8% from Q3FY24, which recorded a total income of ₹559.78 crores. This substantial growth in revenue reflects the company's enhanced operational performance over the past year. The consistent upward trend in revenue is indicative of the company's robust sales and effective market strategies.
Profitability
For Q3FY25, Gokaldas Exports Ltd achieved a profit before tax (PBT) of ₹67.32 crores, reflecting an 89.1% increase from the previous quarter's PBT of ₹35.60 crores. On a year-over-year basis, the PBT grew by 54.6% from ₹43.55 crores in Q3FY24. The company's profit after tax (PAT) for Q3FY25 stood at ₹50.34 crores, marking a substantial quarter-over-quarter increase of 78.8% from Q2FY25's PAT of ₹28.16 crores. Year-over-year, the PAT rose by 65.5% compared to ₹30.42 crores in Q3FY24. The earnings per share (EPS) also saw significant growth, reaching ₹6.80 in Q3FY25, up from ₹3.80 in Q2FY25 and ₹4.80 in Q3FY24, representing growth rates of 78.9% QoQ and 41.7% YoY, respectively.
Operating Metrics
The total expenses for Gokaldas Exports Ltd in Q3FY25 were ₹933.46 crores, showing a 3.0% increase from ₹906.21 crores in Q2FY25. Compared to the previous year, the expenses rose by 80.8% from ₹516.23 crores in Q3FY24. This increase in expenses aligns with the overall growth in revenues and profitability. The tax expense for Q3FY25 was ₹16.98 crores, significantly higher than the previous quarter's tax of ₹7.44 crores, marking a 128.2% QoQ increase. Year-over-year, the tax expense increased by 29.4% from ₹13.12 crores in Q3FY24. These operating metrics highlight the company's expanding operational scale and its ability to manage growing costs while maintaining profitability.
