Gokaldas Exports Posts 85% Revenue Growth In Q2 FY25

Gokaldas Exports reported robust financial results for the second quarter of FY25, with consolidated revenue growth of 85% year-over-year (YoY), reaching Rs 941.8 crore. Consolidated profit after tax (PAT) rose by 19% YoY to Rs 28.2 crore, up from Rs 23.7 crore in Q2 FY24, reflecting the company’s continued growth momentum.

For Gokaldas Exports alone, excluding its acquired entities Atraco and Matrix, total income in Q2 FY25 was Rs 652.2 crore, a 28% increase YoY. EBITDA for this segment rose 28% to Rs 71.6 crore, with an EBITDA margin of 11.0%, demonstrating strong underlying performance.

Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, stated, “Our strong revenue growth reflects sustained momentum, with Gokaldas Exports (excluding Atraco and Matrix) contributing significantly during this seasonally lean quarter for the acquired entities. The consolidated profitability was impacted by lower volumes in the acquired units, higher air freight costs and an increase in employee expenses in anticipation of future growth. We expect better volume pick-up in both acquired entities in the coming quarters, alongside continued stable performance for Gokaldas Exports.”