Gokaldas Exports FY26 Income Rises 4%

Gokaldas Exports reported a 4% year-on-year rise in consolidated total income to Rs 4,065 crore in FY26, while maintaining EBITDA margins at 10.7% despite continued US tariff headwinds.

For Q4 FY26, total income stood at Rs 1,087 crore, up 5% YoY, while EBITDA was Rs 135 crore with a margin of 12.4%. The company said productivity improvements and cost optimisation helped offset tariff-related pressures.

The India business grew 2% YoY during the quarter, outperforming the broader apparel export sector, while its Africa operations posted 17% growth, supported by AGOA renewal and favourable tariff conditions.

Commenting on the results, Sivaramakrishnan Ganapathi said, “Disruption due to penal US tariffs and volatile geopolitical events impacted our costs and margin during the year. Exceptional teamwork, strong customer relationships and relentless execution helped us deliver a superior business performance. We are confident of addressing near-term external shocks and remain optimistic about long-term sourcing opportunities from India and other low-cost regions.”