Gokaldas Exports Limited — Updates, 12-11-2024: Press Release
Gokaldas Exports reported impressive financial performance for Q2 FY25, with consolidated total income soaring by 85% year-over-year to ₹941.8 crore and a 19% increase in profit after tax, reaching ₹28.2 crore. The growth is primarily driven by Gokaldas Exports, excluding its recently acquired entities, which is notable given the seasonal lean period for Atraco and Matrix.
Key financial metrics show a stable EBITDA of ₹82.4 crore, with margins slightly impacted to 8.7%. While the profitability reflects the challenges posed by increased air freight and employee costs, management anticipates a better volume recovery in the upcoming quarters. The company's strategic expansion and operational scaling position it for sustained growth, reinforcing a positive outlook for investors.
