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Gokaldas Exports' Profit Surges 146% Amidst Global Trade Chaos

Summary

  • Profit surged 146% sequentially to Rs 36 crore in the March quarter.
  • Revenue increased 9% quarter-on-quarter to Rs 1,087 crore.
  • Africa operations grew 17% year-on-year due to AGOA renewal.
Gokaldas Exports' Profit Surges 146% Amidst Global Trade Chaos

Gokaldas Exports achieved a substantial 146% sequential increase in net profit, reaching Rs 36 crore for the quarter ended March 31, 2026. This impressive growth occurred despite challenges in the global trade environment, including US tariff pressures and geopolitical volatility.

Consolidated total income saw a 9% quarter-on-quarter rise, amounting to Rs 1,087 crore. This uplift was primarily attributed to a strong recovery in Africa operations, which grew by 17% year-on-year following the renewal of the AGOA agreement and more favorable tariff treatment.

In the full fiscal year 2026, total income grew by 4% to Rs 4,065 crore. The company's vice chairman and managing director highlighted exceptional teamwork and customer relationships as crucial factors in navigating adversities and delivering strong business performance during the period.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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